Mark Guindi Acquires Mixed-Use Property At 9 Marcus Garvey Boulevard For $2.6M

A mixed-use property located at 9 Marcus Garvey Boulevard in Bedford Stuyvesant was sold for $2,600,000. The asset encompasses a total of 3,938 square feet, translating to a price per square foot of $660. The seller, Aperture Holdings, comprised of Douglas Baillie and Pir Granoff, originally acquired the property in 2021 for $2.2 million.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,600,000
• Buyer: Mark Guindi
• Seller: Douglas Baillie & Pir Granoff - Aperture Holdings
• Brokers: Shaun Riney, Michael (Mike) Salvatico & Daniel Greenblatt - Marcus & Millichap

The brokerage firm New York Multifamily facilitated the sale of the property, successfully coordinating the transaction on behalf of Aperture Holdings. This transaction marks a significant increase in value compared to the previous acquisition price.