Ariel Property Advisors Arranges Sale of Mixed-Use Building in Boerum Hill for $6.95M

This mixed-use property located at 292-294 Atlantic Avenue encompasses 1 office unit, 3 retail spaces, and 5 free market units. The sale price of the property is $6,950,000, and it spans a total of 7,500 square feet, resulting in a price per square foot of $926. The market for this property is Boerum Hill.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $6,950,000
• Square Footage: 7,500
• Price per Square Foot: $926
• Address: 292-294 Atlantic Avenue
• Market: Boerum Hill
• Buyer: Sollevare Group / Hudson Global Ventures
• Brokers: Michael A. Tortorici, Sean R. Kelly, Esq., Nicole Daniggelis & Stephen Vorvolakos - Ariel Property Advisors

This transaction marks the 6th mixed-use asset closed or in contract by the brokers in Brownstone Brooklyn over the last 2 months. For further inquiries or discussions regarding this transaction, interested parties can reach out to the team at 917.594.5457.