Paul Blank Acquires Mixed-Use Property At 349 Myrtle Avenue Brooklyn For $1.98M

349 Myrtle Avenue is a mixed-use asset located in Brooklyn, featuring a total square footage of 2,726 and a sale price of $1,980,026, which translates to a price per square foot of $726.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,980,026
• Buyer: Paul Blank
• Seller: The Azrak Family
• Buyer's Representative: Eli Shayestehpour - Rosewood Realty Group
• Seller's Representative: Joshua Malekan - Bridge Advisory Group
• Square Footage: 2,726
• Price per Square Foot: $726
• Date of Transaction: 09/30/2024

Eli Shayestehpour represents the buyer and operates under Rosewood Realty Group, while Joshua Malekan, representing the seller, is affiliated with Bridge Advisory Group. This transaction was executed on an all-cash basis, and the process was notably efficient, concluding just one week post the initial property tour.