Elliot Horowitz Of H Equities And Morris A. Sutton Acquire Mixed-Use Property For $3.9M

654 Manhattan Avenue is a mixed-use property located in Greenpoint, Brooklyn. This asset encompasses a total of 4,563 square feet and was sold for $3,900,000, translating to a price per square foot of $854.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $3,900,000
• Address: 654 Manhattan Avenue
• Market: Brooklyn
• Square Footage: 4,563
• Price per Square Foot: $854
• Buyer: Elliot Horowitz - H Equities & Morris A. Sutton
• Seller: The Veneziano Family

Elliot Horowitz is the Chief Executive Officer of H Equities, which has partnered with Morris A. Sutton for this acquisition. This transaction marks H Equities' third acquisition in northern Brooklyn over the past seven months, indicating a focused investment strategy in strong retail and residential corridors. The company is also actively seeking additional mixed-use properties and financing opportunities in the market.