Yahya Assaedi Acquires Retail Property On Pitkin Avenue In Brooklyn For $1.4M

A three-story mixed-use building located at 1691 Pitkin Avenue in Brooklyn has been sold in a recent transaction. The property was delivered vacant at closing, offering potential for various uses. The sale price for this retail asset was $1,400,000, with a total square footage of 3,858. This equates to a price per square foot of $363.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,400,000
• Square Footage: 3,858
• Address: 1691 Pitkin Avenue, Brooklyn

The buyer in this transaction is Yahya Assaedi, while the seller is Milady Guillen. The deal was facilitated by Scott Plasky and Alex Arustamian from Marcus & Millichap, who acted as the brokers representing the parties involved. Their expertise contributed to the successful completion of the sale.