Lotus Management Group Acquires Retail Property In East New York, Brooklyn For $15.2M With Brokers Jonathan Hakimian & Roni Soleimani | 1110 Pennsylvania Avenue | Roni Soleimani, Jonathan Hakimian | Retail | Sale

Summary

Sale

NEW YORK

Retail

25,170 sqft

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

Players

All
3

Agents
2
Agencies
1

Roni Soleimani

Managing Partner

$84.4M Sold

Jonathan Hakimian

Real Estate Investment & Advisory

$29.2M Sold

SP Capital Group

Details

Deal Summary

SOLD

IMAGE: Jonathan Hakimian & Roni Soleimani DATE: 05/31/2023 ADDRESS: 1110 Pennsylvania Avenue MARKET: East New York, Brooklyn ASSET TYPE: Retail BUYER: Lotus Management Group SELLER: Bokhour Family BROKERS: Jonathan Hakimian (@HakimianJon) & Roni Soleimani (@RealRoniSoleimani) - SP Capital Group (@SPCapitalGroup) SALE PRICE: $15,200,000 SF: 25,170 ~ PPSF: $604 NOTE FROM BROKER: if you are looking to buy or sell similar properties please reach out to: Jonathan Hakimian [email protected] Roni Soleimani [email protected]

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Address1110 Pennsylvania Avenue

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