Jack Li Acquires Retail Condo From Quadrum Global In Brooklyn For $4.5M

The transaction involved the sale of a retail condo located at 29 Huron Street in Brooklyn, characterized by a sale price of $4,500,000 and encompassing a total area of 5,111 square feet. The property is positioned within The Huron, a new mixed-use condo building in Greenpoint, reflecting activity in the local retail market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,500,000
• Square Footage: 5,111 SF
• Price Per Square Foot: $880
• Buyer: Jack Li
• Seller: Quadrum Global
• Brokers: Ryan Schimel, Andrew Schulman & Jason Richter - Capricorn Retail Advisors
• Date of Transaction: 11/25/2025
• Available Retail Space for Lease: Approximately 2,600 SF (divisible)

Ryan Schimel, Andrew Schulman, and Jason Richter successfully represented both the buyer and seller in this transaction, highlighting their role in facilitating the sale. Capricorn Retail Advisors is noted for its bespoke brokerage firm approach, utilizing a data-driven methodology in retail placemaking, management, and growth.