Peak Capital Acquires Cobble Hill Mixed-Use Property For $3.1M

The mixed-use property located at 223 Court St. in the Cobble Hill market has been sold for a total price of $3,100,000. The property spans 7,175 square feet, resulting in a price per square foot of $432.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,100,000
• Address: 223 Court St.
• Market: Cobble Hill

Peak Capital, represented by Alex Rabin and David Gomez, acted as the buyer in this off-market transaction. The seller, Jack Montag, successfully closed the deal with Peak Capital. This sale presents a valuable retail opportunity in prime Cobble Hill.

The property's key feature is its close proximity to multiple subway stations, including the 2, 3, 4, 5, A, C, F, R, and G lines. This strategic location enhances the property's appeal, making it a desirable investment for Peak Capital.

Peak Capital, with a focus on value-add multi and mixed-use properties, is actively acquiring properties in prime neighborhoods across Western Queens, Brooklyn, and Manhattan. Alex Rabin can be contacted at [email protected] for any new acquisition opportunities.