David Sutton Acquires Mixed-Use Property In Madison, Brooklyn For $2.2M

A mixed-use property located at 1616 Kings Hwy. in Madison, Brooklyn has been sold in a closed transaction. The property consists of 2,800 square feet and was sold for a price of $2,200,000, resulting in a price per square foot of $785.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,200,000
• Address: 1616 Kings Hwy., Madison, Brooklyn
• Market: Madison, Brooklyn

David Sutton has purchased the property from Harold Grabino. The transaction was facilitated by William P. O'Brien, Davon Peters, and Thomas Tyne from M. C. O'Brien Inc., who acted as the brokers representing both the buyer and seller.