Akram Saediqi Acquires Mixed-Use Property In Brooklyn, Cypress Hills For $1.035M

The mixed-use property located at 3137 Fulton Street in Brooklyn's Cypress Hills neighborhood has been sold. The seller, MIT Corp represented by Ira Krell and Matthew Bardach, reached an agreement with the buyer, Akram Saediqi, for a sale price of $1,035,000. The property spans 3,368 square feet and was listed with an asking price of $1,060,000, resulting in a price per square foot of $307. The transaction took place on August 30, 2019.

Ron Cohen and Jay Bernstein from Besen Partners served as the brokers representing both parties in the sale. Their expertise and negotiation skills played a significant role in closing the deal successfully.

Summary of Transaction Details:

• Property Type: Mixed-use
• Transaction Amount: $1,035,000
• Address: 3137 Fulton Street, Brooklyn, Cypress Hills
• Market: Brooklyn, Cypress Hills
• SF: 3,368
• PPSF: $307
• Seller: MIT Corp – Ira Krell & Matthew Bardach
• Buyer: Akram Saediqi
• Brokers: Ron Cohen, Jay Bernstein @BesenPartners

This successful transaction was a result of the collaboration between the seller, buyer, and the brokers involved. The property's location, size, and potential for income make it an attractive investment opportunity in the Brooklyn market.