Hidrock Properties Acquires Retail Property On Flatbush Avenue For $7M

Located at 182 Flatbush Avenue in Park Slope, near Barclays Center, this retail property was recently involved in a closed transaction. The property spans 4,791 square feet and was sold for $7,000,000, equating to a price per square foot of $1,461. The seller, RedSky Capital, was represented by Ben Bernstein. On the buyer's side, Hidrock Properties, represented by Jack A. Hidary, Abraham J. Hidary, Eddie Hidary, Steven Hidary, Joseph Terzi, Ofer Cohen, Daniel Lebor, and Dan Marks, acquired the property.

Summary of Transaction Details

• Property Type: Retail
• Transaction Amount: $7,000,000
• Square Footage: 4,791
• Price Per Square Foot: $1,461
• Seller: RedSky Capital – Ben Bernstein
• Buyer: Hidrock Properties – Jack A. Hidary, Abraham J. Hidary, Eddie Hidary, Steven Hidary, Joseph Terzi, Ofer Cohen, Daniel Lebor, Dan Marks

The deal involved key individuals such as Jack A. Hidary, Abraham J. Hidary, Eddie Hidary, Steven Hidary, Joseph Terzi, Ofer Cohen, Daniel Lebor, and Dan Marks, who represented Hidrock Properties in the transaction. Additionally, Ben Bernstein acted as the representative for RedSky Capital. These individuals and companies played a crucial role in the successful completion of the deal.