Carlos Cortes Acquires Multifamily Property On Alexander Ave In Mott Haven For $1.2M

285 Alexander Ave is a renovated single-family home located in the Mott Haven neighborhood of New York. The property is situated on a historic block known as Doctor's Row. The off-market sale of this property was represented by broker Andrew Roth of Somerset Real Estate LLC, who acted on behalf of both the buyer and seller. The purchase price of $1,200,000 sets a new record for the highest achieved by a single-family home in the neighborhood.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Address: 285 Alexander Ave
• Market: Mott Haven
• Asset Type: Multifamily
• Zoning: R6

Carlos Cortes is the buyer of 285 Alexander Ave, and he has ambitious plans for the property. He intends to open a new restaurant called Chocobar Cortes at 141 Alexander Ave, which is also located in Mott Haven. Chocobar Cortes is a concept from San Juan, Puerto Rico that is popular among food enthusiasts. The restaurant is expected to be a great addition to the neighborhood and is likely to attract customers from all over New York City.