Max M. Zalta Acquires Sheepshead Bay Retail Property From Arthur Gershfeld For $3.2M

The property asset involved in this closed transaction is located at 3101 Emmons Avenue in Sheepshead Bay, Brooklyn. It is a retail space with a total area of 5,055 square feet. The transaction took place on September 13, 2021, with Max M. Zalta as the buyer and Arthur Gershfeld as the seller. The property was sold for a price of $3,200,000.00, resulting in a price per square foot of $633.04. The previous sale of the property occurred on January 14, 2010, for a price of $1,750,000.00.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3,200,000.00
• Address: 3101 Emmons Avenue, Sheepshead Bay, Brooklyn
• Total Square Feet: 5,055
• Price per Square Foot: $633.04
• Buyer: Max M. Zalta
• Seller: Arthur Gershfeld
• Last Sale Price: $1,750,000.00
• Last Sale Date: 1/14/2010

This transaction showcases Max M. Zalta as the buyer and Arthur Gershfeld as the seller. It demonstrates the value of the retail property located at 3101 Emmons Avenue in Sheepshead Bay, Brooklyn. The significant increase in price from the previous sale in 2010 highlights the appreciation of the property over time.