The Cofinance Group Acquires Mixed-Use Property In Boerum Hill For $11.9M

348 Atlantic Ave. & 336 State St. in Boerum Hill has been sold in a mixed-use transaction. The property, with a total square footage of 11,148, is classified as tax class 2B. The sale took place on July 21, 2021, with a sale price of $11,850,001. The property consists of 12 units.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $11,850,001
• Address: 348 Atlantic Ave. & 336 State St.
• Market: Boerum Hill
• Tax Class: 2B

The buyer for this transaction is The Cofinance Group, represented by Mark Winter Gitelson and Alexandre de Montebello. The seller is Hidrock Properties, owned by the Hidary Family.