Kohn Family Acquires Mixed-Use Property On 5th Avenue In South Slope, Brooklyn For $1.65M

The mixed-use property located at 714 5th Avenue in South Slope, Brooklyn has been sold for $1,650,000. Spanning a total of 3,400 square feet, the property offers a diverse range of potential uses. With a price per square foot of $485, this transaction represents a significant investment in the area.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,650,000
• Square Footage: 3,400
• Price Per Square Foot: $485
• Date: 01/11/2024
• Address: 714 5th Avenue
• Market: South Slope, Brooklyn

The buyers of this property are the Kohn Family, while the Supersad Family acted as the sellers. Facilitating the transaction was Marcel Fridman from the Barcel Group, who represented both parties in the deal. With their expertise, Fridman ensured a successful sale of this valuable mixed-use asset.