Antonio Fontana Acquires Mixed-Use Property In Brooklyn For $9.25M With Buyer's Rep Erik Yankelovich Shlomo Antebi & Yosef Katz

The asset involved in this transaction is a mixed-use property located at 162 Court Street & 164 Court Street in Brooklyn. It features 3 retail units, 3 apartments, and 1 office unit. The sale price of the property was $9,250,000, with a total of 7 units. The square footage of the property is 8,647, resulting in a price per square foot of $1,070 and a price per unit of $1,321,429.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $9,250,000
• Units: 7
• Square Footage: 8,647
• Price per Unit: $1,321,429
• Price per Square Foot: $1,070
• Buyer: Antonio Fontana
• Seller: Shell Capital Management
• Buyer's Representative: Erik Yankelovich, Shlomo Antebi & Yosef Katz - Atlas Realty Group

The deal involved key individuals representing the buyer, with Erik Yankelovich, Shlomo Antebi, and Yosef Katz acting on behalf of Antonio Fontana through Atlas Realty Group. The seller, Shell Capital Management, was involved in the transaction as the property transitioned ownership to the buyer.