Mu Wing Feng Wu Acquires Retail Property From Island Federal Credit Union For $8.3M In Bensonhurst

The property asset involved in this transaction is a retail space located at 1750 86th Street in the Bensonhurst market. The sale price for the asset was $8,300,000, and it encompasses a total square footage of 11,050, resulting in a price per square foot of $751.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,300,000
• Address: 1750 86th Street
• Market: Bensonhurst
• Square Footage: 11,050
• Price per Square Foot: $751
• Buyer: Mu Wing Feng Wu
• Seller: Island Federal Credit Union
• Broker Representatives: Daniel O'Brien, Caroline Hodes, Aric Trakhtenber, and Peter Whitenack
• Agency: Newmark

This transaction features key individuals including the buyer, Mu Wing Feng Wu, and the seller, Island Federal Credit Union. The brokerage team facilitating the deal consisted of four individuals from Newmark, specifically Daniel O'Brien, Caroline Hodes, Aric Trakhtenberg, and Peter Whitenack.