Parag Sawhney & Raymond Chera Acquires Mixed-use Property At 80 Orange Street Brooklyn For $4.095M

The mixed-use property located at 80 Orange Street in Brooklyn has been sold for a total of $4,095,000. The asset encompasses 4 units and has a total square footage of 3,256, translating to a price per unit of $1,023,750 and a price per square foot of $1,257.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,095,000
• Units: 4
• Square Footage: 3,256
• Price Per Unit: $1,023,750
• Price Per Square Foot: $1,257
• Seller: Parag Sawhney & Raymond Chera
• Broker: Brandon Polakoff, Joseph Moran, Patrick Madigan, Kyle Sabath & Ryan McGuirl - Avison Young
• Date of Sale: 08/14/2024

The transaction involved notable brokers from Avison Young, including Brandon Polakoff, Joseph Moran, Patrick Madigan, Kyle Sabath, and Ryan McGuirl, who facilitated the sale on behalf of the sellers, Parag Sawhney and Raymond Chera.