Ashkenazy Acquisition Corporation Acquires Sheepshead Bay Shopping Center For $38.25M
3779-3861 Nostrand Avenue
Retail
80,991 SF
80,991 SF
Sold 1 year ago
+ 2
Summary
This transaction represents the largest ever sale (by price) of a shopping center with parking in the entire borough of Brooklyn.
Summary of transaction details
- Property Type: Shopping center with parking
- Transaction Amount: $38,250,000
- Square Footage: 80,991
- Price per Square Foot: $472
- Date: 12/21/2018
- Address: 3779-3861 Nostrand Avenue, Sheepshead Bay, Brooklyn
- Market: Sheepshead Bay, Brooklyn
The seller of the property was the LeFrak Organization, while the buyer was Ashkenazy Acquisition Corporation. The transaction was brokered by Thomas A. Donovan, Eugene Kim, Tommy Lin, and Robert Rappa from the Donovan Team and B6 Real Estate.
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3779-3861 Nostrand Avenue
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