Blank Property Group Acquires Mixed-Use Property In Brooklyn For $4,300,000 From Louis Gioia

The property asset involved in this transaction is located at 138 Nassau Avenue in the Brooklyn market. It is a mixed-use building comprising one commercial unit and two residential units. The total square footage of the property is 7,125, and it was sold for a transaction amount of $4,300,000, resulting in a price per unit of $2,150,000 and a price per square foot of $603.

Summary of transaction details:

• Property Type: Mixed-use (1 Commercial & 2 Residential)
• Transaction Amount: $4,300,000
• Units: 2
• Price Per Unit: $2,150,000
• Square Footage: 7,125
• Price Per Square Foot: $603
• Buyer: Blank Property Group
• Seller: Louis Gioia
• Brokers: Gabriel Kates & Sean Mashihi - Block Real Estate Group

This transaction involved key individuals, including the buyer, Blank Property Group, led by experienced representatives in the real estate industry. The seller, Louis Gioia, also played a significant role, with the transaction facilitated by brokers Gabriel Kates and Sean Mashihi from Block Real Estate Group, ensuring effective communication and negotiation throughout the deal process.