Jai Kweng Acquires Mixed-Use Property At 1605 Avenue U Brooklyn For $1.48M With Broker Jack Sardar

The property asset involved in this transaction is a mixed-use building located at 1605 Avenue U in Brooklyn. The sale price was $1,480,000, encompassing 3,930 square feet, resulting in a price per square foot of $376.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,480,000
• Address: 1605 Avenue U
• Market: Brooklyn
• Square Footage: 3,930
• Price per Square Foot: $376
• Buyer: Jai Kweng
• Seller: Abe Shrem
• Broker: Jack Sardar - Tri State Commercial Realty

The transaction featured Jai Kweng as the buyer and Abe Shrem as the seller, facilitating this deal through the brokerage of Jack Sardar, who represented the seller in the transaction.