Jacob Namdar Of NH Property Group Acquires Mixed-Use Building At 185 Malcolm X Boulevard For $1.56M

The mixed-use property located at 185 Malcolm X Boulevard in Brooklyn was sold for $1,560,000. This building encompasses a total square footage of 4,680 and is valued at approximately $333 per square foot. It features three floor-through four-bedroom apartments as well as a retail store, with the apartments being delivered vacant at the time of closing.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,560,000
• Buyer: Jacob Namdar - NH Property Group
• Broker: Fred Bijou - Bijou Equities
• Date of Sale: 11/26/2024
• Market: Brooklyn
• Square Footage: 4,680
• Price Per Square Foot: $333

Fred Bijou from Bijou Equities LLC represented the seller in this transaction. The building, situated in the Bedstuy neighborhood, highlights a combination of residential and commercial opportunities. The deal was executed and completed on 11/26/2024.