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3779-3861 Nostrand Avenue
SOLD

Ashkenazy Acquisition Corporation Acquires Sheepshead Bay Shopping Center For $38.25M

3779-3861 Nostrand Avenue

Retail
80,991 SF
clock iconSold 1 year ago
Tommy Lin
Thomas (Tom) Donovan
Robert Rappa
+ 2
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Summary

Sale
NEW YORK
Retail
80,991 sqft

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.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Tommy Lin's profile picture
Tommy Lin
B6 Real Estate Advisors-image
Director
$241.2M Sold
Robert Rappa's profile picture
Eugene Kim's profile picture
$204.8M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: Thomas Donovan, Ben Ashkenazy, Eugene Kim, Dan Levy, Tommy Lin and Robert Rappa DATE: 12/21/2018 ADDRESS: 3779-3861 Nostrand Avenue MARKET: Sheepshead Bay, Brooklyn SELLER: LeFrak Organization BUYER: Ashkenazy Acquisition Corporation BROKERS: Thomas A. Donovan, Eugene Kim, Tommy Lin, & Robert Rappa @donovanteam_nyc @B6RealEstate SALE PRICE: $38,250,000 SF: 80,991 ~ PPSF: $472 NOTES: This transaction represents the largest ever sale (by price) of a shopping center with parking in the entire borough of Brooklyn.

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Address3779-3861 Nostrand Avenue

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