Ian Cheng Acquires Retail Property In Boerum Hill For $5M

A retail property located at 312 Atlantic Avenue in Boerum Hill has been sold for $5,000,000. The property spans over 15,165 square feet, resulting in a price per square foot of $330.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $5,000,000
• Address: 312 Atlantic Avenue
• Market: Boerum Hill
• Square Footage: 15,165
• Price per Square Foot: $330

The buyer of the property is Ian Cheng. Representing the buyer in this transaction were Haley Hasho, Joey Mohsen, and Justin Conway from Exodus Capital. On the seller's side, Daniel O'Brien and Caroline Hodes from Newmark represented the property.