Bridges Development Group Acquires Retail Asset At 1630 East 15th Street For $31M

The property asset involved in this transaction is a retail space located at 1630 East 15th Street in Brooklyn. The sale price was $31,000,000, with a total square footage of 131,513, resulting in a price per square foot of $236.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $31,000,000
• Address: 1630 East 15th Street
• Market: Brooklyn
• Square Footage: 131,513
• Price per Square Foot: $236
• Buyer: Bridges Development Group
• Brokers: Ethan Stanton, Michael Mazzara & Brendan Maddigan - JLL

The transaction was facilitated by brokers Ethan Stanton, Michael Mazzara, and Brendan Maddigan from JLL, representing Bridges Development Group in the purchase of this retail property.