Eric Orlofsky Acquires Mixed-Use Property At 451 Classon Avenue For $1,500,000

The property located at 451 Classon Avenue in Bedford Stuyvesant is a mixed-use asset that recently sold for $1,500,000. The building has a total square footage of 3,226 and a price per square foot of $464.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,500,000
• Address: 451 Classon Avenue
• Market: Bedford Stuyvesant
• Square Footage: 3,226
• Price per Square Foot: $464
• Buyer: Eric Orlofsky
• Seller: Machine Investment Group
• Broker Representatives: Shaun Riney, Andrew Bronsteen, Daniel Greenblatt, Joseph Koicim, and Julian Perla - Marcus & Millichap

The transaction was facilitated through an extensive private listing process that involved a competitive bidding process managed by Connor Curtin and Ian Grusd, showcasing their capabilities in handling complex deals.