Atlas Realty Group Acquires Note From Axos Bank In Brooklyn For $2.3M

The asset involved in this transaction is a note/loan located at 294 Powers Street in Brooklyn, with a sale price of $2,300,000. The property measures 3,150 square feet, resulting in a price per square foot of $730.

Summary of transation details:

• Property Type: Note / Loan
• Transaction Amount: $2,300,000
• Address: 294 Powers Street
• Market: Brooklyn
• Square Footage: 3,150
• Price Per Square Foot: $730
• Buyer: Atlas Realty Group (ARG)
• Seller: Axos Bank
• Broker Representatives: Yosef Katz, Erik Yankelovich, & Shlomo Antebi - Atlas Realty Group

Atlas Realty Group, led by brokers Yosef Katz, Erik Yankelovich, and Shlomo Antebi, represented themselves in this transaction. Notably, ARG is seeking additional bank notes.