Regal Ventures Acquires Retail Property At 112 Atlantic Avenue In Cobble Hill, Brooklyn For $8.9M

The retail asset located at 112 Atlantic Avenue in the Cobble Hill market of Brooklyn has been sold for $8,925,000. The property encompasses a total square footage of 7,765, resulting in a price per square foot of $1,149.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,925,000
• Buyer: Regal Ventures
• Buyer's Representatives: Alex Smith & Sean Dainese
• Seller: OTL Enterprises
• Seller's Representatives: Angelo Cosentini & Jeff Harmatz
• Broker: Matthew Marshall
• Broker's Agency: Marshall Real Estate, LLC

This transaction involved key representations from both the buyer and seller sides. Regal Ventures was represented by Alex Smith and Sean Dainese, while the seller, OTL Enterprises, had Angelo Cosentini and Jeff Harmatz serving as their representatives. Matthew Marshall acted as the broker for this transaction, representing Marshall Real Estate, LLC.