Chris Kempczinski Of McDonald's Corporation Purchases Retail Building In Cypress Hills For $3.4M

A retail building located at 3143 Atlantic Avenue in Cypress Hills, Brooklyn, was sold for $3,400,000. The property has a total square footage of 3,612 and is listed at a price per square foot of $941. The building, previously under a long-term lease since at least 2011, is now owner-occupied following the sale.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,400,000
• Building Size: 3,612 SF
• Price per Square Foot: $941
• Address: 3143 Atlantic Avenue
• Market: Cypress Hills, Brooklyn
• Buyer: Chris Kempczinski - McDonald's Corporation

Chris Kempczinski represented McDonald’s Corporation in this transaction through McDonald’s USA LLC, marking a significant change in the ownership status of the property from a leased to an owned site.