Tony Malkin And Tom Durels Of Empire State Realty Trust Acquire Retail Property In Brooklyn For $31M

The asset involved in the transaction is a retail property located at 86-90 North 6th Street in Brooklyn. The property was sold for $31,000,000, encompassing a total square footage of 22,916, resulting in a price per square foot of $1,352.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $31,000,000
• Address: 86-90 North 6th Street
• Market: Brooklyn
• Square Footage: 22,916
• Price per Square Foot: $1,352
• Buyer: Tony Malkin & Tom Durels - Empire State Realty Trust
• Seller: The Lerman Family
• Brokers: Ethan Stanton, Brendan Maddigan & Michael Mazzara - JLL

Key individuals in this deal include Tony Malkin and Tom Durels, who represent Empire State Realty Trust as the buyers, while the Lerman Family acted as the sellers. The transaction was facilitated by brokers Ethan Stanton, Brendan Maddigan, and Michael Mazzara from JLL.