The Daniel Group Acquires Retail Property On Dumont St. In Brownsville, Brooklyn For $2.9M

Located at 455 Dumont in Brownsville, Brooklyn, this retail property was recently sold in a closed transaction. The property spans an area of 9,864 square feet and is categorized under the asset type of retail. It features two tenants and is prominently anchored by Family Dollar. The deal was facilitated by brokers Scott Plasky and Alex Arustamian of Marcus & Millichap. The transaction took place on 12/05/2022.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,915,000
• Square Footage: 9,864
• Price Per Square Foot: $296
• Market: Brownsville, Brooklyn

The buyer of the property is The Daniel Group, represented by Daniel Cohen. On the other hand, Karen Snyder acted as the seller. The prominent retail property attracted significant attention during the transaction, showcasing its potential as a valuable investment opportunity.

Note from broker: The corner retail property, with its prime location and strong anchor tenant, offers a promising future for the buyers.