Lotus Management Group Acquires Retail Property In East New York, Brooklyn For $15.2M With Brokers Jonathan Hakimian & Roni Soleimani

Lotus Management Group has acquired a retail property located at 1110 Pennsylvania Avenue in the East New York neighborhood of Brooklyn. The property was sold by the Bokhour Family for a total price of $15,200,000. The retail asset spans a total area of 25,170 square feet, resulting in a price per square foot of $604.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $15,200,000
• Address: 1110 Pennsylvania Avenue
• Market: East New York, Brooklyn

The sale transaction was facilitated by brokers Jonathan Hakimian and Roni Soleimani from SP Capital Group.

For further inquiries regarding similar properties for sale or if you wish to sell a property, you may contact the following representatives:

• Jonathan Hakimian - SP Capital Group
• Roni Soleimani - SP Capital Group