Mehl Family Acquires Retail Property From Cohen Family For $4 Million In Brooklyn

This transaction involves a retail property located at 7702 13th Avenue & 7706 13th Avenue in the Brooklyn market. The asset was sold for $4,000,000, encompassing a total square footage of 7,200, which translates to a price per square foot of $556.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,000,000
• Square Footage: 7,200
• Price per Square Foot: $556
• Address: 7702 13th Avenue & 7706 13th Avenue
• Market: Brooklyn
• Buyer: Mehl Family
• Seller: Cohen Family
• Brokers: Itanel Rahmani & Hirschy Zaks - Venture Capital Properties

Itanel Rahmani and Hirschy Zaks represented the parties in this real estate transaction while facilitating the sale between the Mehl Family and the Cohen Family, ensuring a smooth transition of property ownership in the retail sector.