Rami Esses Acquires Mixed-Use Property On Central Avenue In Brooklyn For $2 Million
New York
See Similar DealsRami Esses Acquires Mixed-Use Property On Central Avenue In Brooklyn For $2 Million
601 Central Avenue
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The property involved in this transaction is a mixed-use building located at 601 Central Avenue in Brooklyn. The asset comprises one commercial unit and five residential units, with a total square footage of 5,400. The property was sold for $2,000,000, resulting in a price per unit of $333,333 and a price per square foot of $370.
Summary of transation details:
- Property Type: Mixed-use (1 Commercial & 5 Residential)
- Transaction Amount: $2,000,000
- Units: 6
- Square Footage: 5,400
- Price Per Unit: $333,333
- Price Per Square Foot: $370
- Buyer: Rami Esses
- Seller: Milton & Jeanette Pellot
- Broker: Matthew Peters - Marcus & Millichap
- Seller's Attorney: Stephen Siminou - Siminou & Associates & P.C.
Rami Esses acquired the mixed-use property from sellers Milton and Jeanette Pellot. The brokerage firm Marcus & Millichap represented the buyer through broker Matthew Peters in this transaction, while the seller was represented by attorney Stephen Siminou from Siminou & Associates & P.C.
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