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2501-2511 86th Street
SOLD

Tejpal Sandhu Acquires Retail Property In Brooklyn For $4.8M

2501-2511 86th Street

Retail
6,165 SF
clock iconSold 1 year ago
Alexander (Alex) Arustamian
Scott Plasky
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Summary

Sale
NEW YORK
Retail
6,165 sqft

A retail property located at 2501-2511 86th Street in Brooklyn has been sold for $4,800,000. The property spans 6,500 square feet, resulting in a price per square foot of $738. The transaction was completed on February 14, 2023.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $4,800,000
  • Address: 2501-2511 86th Street, Brooklyn
  • Market: Brooklyn
  • Square Footage: 6,500

The buyer of the property was Tejpal Sandhu, while Valentina Lvovsky acted as the seller. The deal was facilitated by brokers Scott Plasky, Alex Arustamian, and Lazarus Apostolidis from Marcus & Millichap. The property is situated on a 10,000 square foot corner lot with a dimension of 100 by 100 feet. Additionally, there is a potential for development as it offers a buildable space of 20,000 square feet.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Alexander (Alex) Arustamian's profile picture
Alexander (Alex) Arustamian
Marcus & Millichap-image
Licensed Real Estate Salesperson
$79.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Scott Plasky, Alex Arustamian & Lazarus Apostolidis DATE: 02/14/2023 ADDRESS: 2501-2511 86th Street MARKET: Brooklyn ASSET TYPE: Retail BUYER: Tejpal Sandhu SELLER: Valentina Lvovsky BROKERS: Scott Plasky (@PlaskyRetailGroup), Alex Arustamian (@Alex_Arustamian) & Lazarus Apostolidis - Marcus & Millichap (@MarcusMillichap_NY) SALE PRICE: $4,800,000 SF: 6,500 ~ PPSF: $738 NOTE FROM BROKER: 10K SF corner lot (100 x 100) 20,000 SF buildable &Millichap

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Address2501-2511 86th Street

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