Sollevare Group Acquires Mixed-Use Property From Santo Musarella In Brooklyn For $10.7M

This mixed-use property, located in Brooklyn, has been sold with a final sale price of $10,700,000. The asset comprises 12 units and offers a total square footage of 13,250. The price per unit is calculated at $891,667, while the price per square foot stands at $808.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $10,700,000
• Units: 12
• Price per Unit: $891,667
• Square Footage: 13,250
• Price per Square Foot: $808
• Buyer: Sollevare Group
• Seller: Santo Musarella
• Sale Date: 04/24/2025
• Market: Brooklyn

The buyer, Sollevare Group, is now the owner of the property, having completed the transaction with the seller, Santo Musarella. This transaction highlights the active participation of both parties in the Brooklyn real estate market.