Sunoco Purchases Leasehold Gas Station From Capitol Petroleum Group For $3.2M In Brooklyn

A retail gas station located at 6418 7th Avenue in Sunset Park, Brooklyn has been sold for $3,200,000. The property encompasses a total square footage of 2,800, with a buildable square footage of 11,850, which translates to a price per buildable square foot of $270 and a price per square foot of $1,143.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,200,000
• Buyer: Sunoco
• Seller: Capitol Petroleum Group
• Address: 6418 7th Avenue
• Market: Sunset Park, Brooklyn
• BSF: 11,850
• PPBSF: $270
• SF: 2,800
• PPSF: $1,143

Sunoco completed the transaction through Sunoco Retail LLC, acquiring the leasehold interest in the gas station from Capitol Petroleum Group, marking an important deal within the retail sector in Brooklyn.