Steven Kachanian Of Klosed Properties Acquires Retail Condo In Brooklyn For $1.2M

The retail condo located at 525 Myrtle Avenue in Brooklyn, New York has been sold in a closed transaction. The property spans a total of 1,900 square feet, with 1,700 square feet on the ground floor and an additional 200 square feet in the basement. The transaction was completed at a price of $1,218,000, resulting in a price per square foot of $641.

Summary of transaction details

• Property Type: Retail Condo
• Transaction Amount: $1,218,000
• Square Footage: 1,900 sf (1,700 sf on the ground floor and 200 sf basement)
• Price per Square Foot: $641
• Address: 525 Myrtle Avenue, Brooklyn
• Market: Brooklyn

Steven Kachanian of Klosed Properties acted as the buyer in this transaction, while Eduardo Kramer served as the seller. It is worth noting that Klosed Properties is currently involved in 9 other properties that are under hard contract.