Fishel Schlesinger Acquires Mixed-Use Property On Franklin Ave. In Brooklyn For $2.6M

The mixed-use property located at 197 Franklin Ave in Bedford-Stuyvesant, Brooklyn was recently sold. The property consists of 2 residential units and 1 commercial unit, offering value-add potential. The sale took place on January 28, 2022, with a sale price of $2,600,000. The property spans 4,450 square feet, resulting in a price per square foot of $584. The buyer, Fishel Schlesinger, purchased the property from Albert Gad. The transaction was facilitated by Isaac Matayev from Asset Commercial Realty Group.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $2,600,000
• Address: 197 Franklin Ave, Bedford-Stuyvesant, Brooklyn
• Buyer: Fishel Schlesinger
• Seller: Albert Gad
• Broker: Isaac Matayev - Asset Commercial Realty Group
• Units: 3
• Price per Unit: $866,666
• Square Footage: 4,450
• Price per Square Foot: $584

This transaction generated a lot of interest in the property. If you're looking to sell your property, you can contact Isaac Matayev at 347-684-0037.