David Jacob Acquires Mixed-Use Property In Flatbush For $1.22M

A mixed-use property located at 1816 Nostrand Avenue in Flatbush has been sold for a total price of $1,225,000. The property spans 3,300 square feet and has a price per square foot of $371. It consists of two residential units and one retail unit, making it a versatile asset for potential buyers. The transaction includes a purchase price per unit of $408,333.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,225,000
• Address: 1816 Nostrand Avenue, Flatbush
• Market: Flatbush
• Square Footage: 3,300
• Price per Square Foot: $371
• Units: 2 Residential; 1 Retail
• Price per Unit: $408,333

TerraCRG, represented by Matt Cosentino and Isaiah Thomas, facilitated the transaction between seller Max Kozlowitz and buyer David Jacob. With their expertise, the deal was successfully negotiated, showcasing the professionalism and skill of TerraCRG as a brokerage agency.