Ecorise Development Acquires Office Building In Downtown Brooklyn For $10.5M

The recently closed property transaction in Downtown Brooklyn involved an office asset located at 100 Livingston Street. The property spans an area of 12,681 square feet, with a price tag of $10,500,000 and a price per square foot of $828.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $10,500,000
• Address: 100 Livingston Street
• Market: Downtown Brooklyn
• Seller: ACHS Management – Alex Adjmi
• Buyer: Ecorise Development – Francois Barthelemy
• Brokers: Ariel Property Advisors - Sean R. Kelly, Esq, David Khukhashvili, and Jiani Zhou

The seller in this deal was ACHS Management, represented by Alex Adjmi, while the buyer was Ecorise Development, represented by Francois Barthelemy. The brokers who facilitated the transaction were Sean R. Kelly, Esq, David Khukhashvili, and Jiani Zhou from Ariel Property Advisors.