Thomas P. Durels & Anthony E. Malkin Of Empire State Realty Trust Acquire Retail Asset In Brooklyn For $31M

A retail asset located at 88-90 North 6th Street in Williamsburg, Brooklyn, has been sold for a transaction amount of $31,000,000. The property has a total area of 3,333 square feet, translating to a price per square foot of $9,301.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $31,000,000
• Address: 88-90 North 6th Street
• Market: Williamsburg, Brooklyn
• Buyer: Thomas P. Durels & Anthony E. Malkin - Empire State Realty Trust
• Seller: ABA Realty Management
• Sale Date: June 30, 2025
• SF: 3,333
• PPSF: $9,301

The buyer, Thomas P. Durels, along with Anthony E. Malkin of Empire State Realty Trust, completed the acquisition from the seller, ABA Realty Management, represented by Jacob Lerman. This transaction highlights the involvement of key industry participants in the retail sector.