Michael Gilbert of Gilco Realty Brokers $4.7M Office Sale in Brooklyn

The asset involved in this transaction is an office property located at 9504 Glenwood Road, situated in the Brooklyn market. The sale was finalized for a total price of $4,700,000, encompassing an area of 8,800 square feet, which translates to a price per square foot of $534.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $4,700,000
• Square Footage: 8,800
• Price per Square Foot: $534
• Buyer: Yeshiva Yesoda Hatorah Vetz Chaim
• Buyer’s Representative: Avrohom Schwartz - Eretz Realty
• Seller’s Representative: Michael Gilbert - Gilco Realty

The deal was facilitated by Avrohom Schwartz, representing the buyer, and Michael Gilbert, representing the seller. Both representatives played a crucial role in the successful negotiation and completion of this property transaction.