Capital Automotive Acquires Retail Property On Neptune Avenue In Brooklyn For $54M
809 Neptune Avenue
Retail
63,065 SF
63,065 SF
Sold 1 year ago
Summary
Capital Automotive has acquired a retail property located at 809 Neptune Avenue in Brooklyn. The property spans 63,065 square feet and was sold by Manuel Kadre. The sale price for the transaction was $54,000,000, resulting in a price per square foot of $856.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $54,000,000
- Date: 08/03/2022
- Market: Brooklyn
- Seller: Manuel Kadre
- Buyer: Capital Automotive
- Image: Jay M. Ferriero
This deal brings together Capital Automotive as the buyer and Manuel Kadre as the seller. The transaction represents a significant investment in the retail property market in Brooklyn.
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809 Neptune Avenue
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