Partners Path Capital Acquires Mixed-Use Asset On Bushwick Ave In Brooklyn For $3.25M

A mixed-use property located at 854 Bushwick Ave in Bushwick, Brooklyn, was recently sold in a closed transaction. The property consists of 7,372 square feet and was sold for a price of $3,250,000, resulting in a price per square foot of $440.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $3,250,000
• Square Footage: 7,372
• Address: 854 Bushwick Ave
• Market: Bushwick, Brooklyn

The buyer of the property was Partners Path Capital, represented by Alex Lebowitz, William Haddad, and Michael Kalt. The seller was Deergrow Developments, represented by Eli Kranz. The sale was facilitated by brokers Matt Cosentino, Isaiah Thomas, and Rémi Norris from TerraCRG.