Penn South Capital Acquires Mixed-Use Property In Brooklyn Heights For $3.6M

The property involved in this transaction is a mixed-use asset located at 80 Orange Street in Brooklyn Heights. The property spans a total of 3,150 square feet. The sale price for this property was $3,600,000, resulting in a price per square foot of $1,143.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,600,000
• Address: 80 Orange Street
• Market: Brooklyn Heights

Penn South Capital, represented by Parag Sawhney, acted as the buyer in this transaction. The seller was Michael Keefe. The deal was facilitated by brokers Brendan Maddigan, Ethan Stanton, Michael Mazzara, Stephen Palmese, and Winfield Clifford from JLL.