Nicholas Vasilopoulos Acquires Mixed-Use Property In Bushwick Brooklyn For $2.35M From Luis Cuzco

This mixed-use property located at 192 Knickerbocker Avenue in Bushwick, Brooklyn, features 4 residential apartments and 1 commercial store. The asset was sold for $2,350,000, translating to $470,000 per unit and a price per square foot of $447, with a total square footage of 5,250.

Summary of transaction details:

• Property Type: Mixed-use (4 Apts & 1 Store)
• Transaction Amount: $2,350,000
• Units: 5
• PPU: $470,000
• SF: 5,250
• PPSF: $447
• Buyer: Nicholas Vasilopoulos
• Seller: Luis Cuzco
• Brokers: Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila, Noah Middlekauff & Joe Moravec - Investment Property Realty Group

The transaction involved several brokers representing the parties. Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila, Noah Middlekauff, and Joe Moravec worked with Investment Property Realty Group, facilitating the sale between the buyer and seller.