Hiu Ian Cheng Acquires Retail Property In Bensonhurst, Brooklyn For $7.3M

The retail property at 1917-1925 86th Street in Bensonhurst, Brooklyn has been sold for a price of $7,300,000. The property spans 21,622 square feet, resulting in a price per square foot of $338.

Summary of transaction details:

• Property Type: Retail
• Sale Price: $7,300,000
• Square Footage: 21,622
• Price Per Square Foot: $338
• Address: 1917-1925 86th Street, Bensonhurst, Brooklyn
• Market: Bensonhurst, Brooklyn

The buyer for this transaction is Hiu Ian Cheng, while the seller is Jack Srour. The broker who facilitated the deal is Jeffrey A. Shalom from Cushman & Wakefield.

Jeffrey A. Shalom, the broker involved in this transaction, has a successful track record in selling properties on or near 86th Street in Brooklyn, having closed over 25 deals in the area.