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Marcello Sarrica Acquires Bay Ridge Office For $1.25M

Property Image
SOLD
$1,250,000
Kevin Louie
Alex Svetlakou
Stephen R. Preuss Sr.

New York

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Office2,290 SF
Sold 12/16/2021
the dealplayerscompscontact
Property Image
SOLD

Marcello Sarrica Acquires Bay Ridge Office For $1.25M

7606 7th Avenue, Brooklyn, New York 11209, United States

See Similar Deals
Office2,290 SF
Sold 12/16/2021
Kevin Louie
Alex Svetlakou
Stephen R. Preuss Sr.
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$545
Total Square Footage:2,290 SF
Transaction Type:Sale

The office building located at 7606 7th Avenue in Bay Ridge has been sold in a recent transaction. The property spans 2,290 square feet and was purchased for a total of $1,250,000, resulting in a price per square foot of $545. The deal was completed on December 16, 2021.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $1,250,000
  • Square Footage: 2,290
  • Price per Square Foot: $545
  • Address: 7606 7th Avenue, Bay Ridge
  • Buyer: Marcello Sarrica
  • Seller: Joe Derose
  • Brokers: Stephen R. Preuss, Kevin Louie, and Alex Svetlakou

The buyer, Marcello Sarrica, acquired the property from seller Joe Derose. The deal was facilitated by brokers Stephen R. Preuss, Kevin Louie, and Alex Svetlakou. This sale reflects the vibrant real estate market in Bay Ridge, demonstrating the ongoing demand for office spaces in the area.

Players

Alex Svetlakou
Ripco
Alex Svetlakou
12 deals$34.5M volume(855) 762-9643
BROKER
Kevin Louie
Ripco
Kevin Louie
125 deals$1B volume(718) 663-2642
BROKER
Stephen R. Preuss Sr.
Ripco
Stephen R. Preuss Sr.
258 deals$2B volume(718) 663-2639
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE

Details

SOLD
IMAGE: Kevin Louie, Stephen R. Preuss & Alex Svetlakou DATE: 12/16/2021 ADDRESS: 7606 7th Avenue MARKET: Bay Ridge ASSET TYPE: Office BUYER: Marcello Sarrica SELLER: Joe Derose BROKERS: Stephen R. Preuss, Kevin Louie & Alex Svetlakou SALE PRICE: $1,250,000 SF: 2,290 ~ PPSF: $545

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