Jemstone Group Acquires Single Story Property In Brooklyn For $3.8M

The single-story property located at 2091-2095 Coney Island Avenue in Brooklyn, New York has been sold in a closed transaction. The property spans over 18,000 square feet and was sold for a price of $3,800,000, resulting in a price per square foot of $211.

Summary of Transaction Details

• Property Type: Single Story
• Transaction Amount: $3,800,000
• Address: 2091-2095 Coney Island Avenue, Brooklyn, New York
• Market: Brooklyn
• Square Footage: 18,000 sq ft
• Price per Square Foot: $211

The seller of the property was ARC/NY Reit, represented by Wendy Silverstein. The buyer, Jemstone Group, consisting of Isaac Jemal, Joseph Jemal, and Samuel Jemal, acquired the property. The deal was facilitated by brokers Joseph Jemal, Zach Mishaan, and Jeff Fishman.