Jacobs Family Acquires Mixed-Use Property In Prospect Lefferts Garden For $3.2M

Located in Prospect Lefferts Garden, the mixed-use property at 1082 Nostrand Ave. was recently sold in a closed transaction. The sale took place on 01/21/2022, with a sale price of $3,200,000. The property spans a total of 6,876 square feet, resulting in a price per square foot of $465. The buyer, Jacobs Family, acquired the property from seller Nathan Obtsfeld. The transaction was facilitated by Marcel Fridman and Bart Zimmerman Lin of Barcel Group, who represented both parties as brokers.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,200,000
• Address: 1082 Nostrand Ave.
• Date: 01/21/2022
• Market: Prospect Lefferts Garden
• Square Footage: 6,876
• Price per Square Foot: $465
• Buyer: Jacobs Family
• Seller: Nathan Obtsfeld
• Brokers: Marcel Fridman & Bart Zimmerman Lin - Barcel Group

The noteworthy aspect of this transaction is that the residential units were delivered vacant at closing, as stated by the brokers Marcel Fridman and Bart Zimmerman Lin.