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Crown Acquisitions Acquires Retail Building In Bensonhurst, Brooklyn For $7.7M

Property Image
SOLD
$7,700,000

New York

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Retail7,600 SF
Sold 06/29/2023
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Property Image
SOLD

Crown Acquisitions Acquires Retail Building In Bensonhurst, Brooklyn For $7.7M

6501 18th Ave Brooklyn, NY 11204, USA

See Similar Deals
Retail7,600 SF
Sold 06/29/2023
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,013
Total Square Footage:7,600 SF
Transaction Type:Sale

Crown Acquisitions, represented by Isaac Chera, has purchased the retail building located at 6501 18th Avenue in Bensonhurst, Brooklyn. The property was sold by John Tieri's 6501 18th Avenue Realty LLC for a total of $7.7 million. The retail building spans a total of 7,600 square feet and has a price per square foot of $1,013.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $7,700,000
  • Buyer: Crown Acquisitions - Isaac Chera
  • Seller: John Tieri
  • Market: Bensonhurst, Brooklyn
  • Address: 6501 18th Avenue
  • Building Square Footage: 7,600
  • Price per Square Foot: $1,013

Crown Acquisitions, led by Isaac Chera, made this significant acquisition in Bensonhurst, Brooklyn. The deal marks another successful investment for Crown Acquisitions in the retail sector. John Tieri, representing 6501 18th Avenue Realty LLC, successfully closed the transaction with Crown Acquisitions.

Players

Crown Acquisitions
Crown Acquisitions
BROKERAGE
Isaac Chera
Crown Acquisitions
Isaac Chera
8 deals$74.6M volume
BUYER

Details

SOLD
IMAGE: 06/29/2023 ADDRESS: 6501 18th Avenue MARKET: Bensonhurst, Brooklyn ASSET TYPE: Retail BUYER: Crown Acquisitions - Isaac Chera SELLER: John Tieri SALE PRICE: $7,700,000 BSF: 24,297 ~ PPBSF: $317 SF: 7,600 ~ PPSF: $1,013 NOTE: Crown Acquisitions has purchased the retail building located at 6501 18th Avenue in Bensonhurst, Brooklyn, from John Tieri's 6501 18th Avenue Realty LLC for $7.7 million.

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