SOLD
BLDG Management Acquires Retail Property In Brooklyn For $17.25M
2076-2084 86th Street
Retail
7,806 SF
7,806 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Retail
7,806 sqft
The property at 2076-2084 86th Street in Brooklyn has been sold in a transaction that closed on May 20, 2021. The asset is a retail building with a total area of 7,806 square feet. The property is zoned as C4-2.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $17,250,000
- Address: 2076-2084 86th Street, Brooklyn
- Market: Brooklyn
BLDG Management, represented by Lloyd Goldman, acquired the property from Wharton Properties, represented by Jeff Sutton and Joseph Sutton. The buyer's broker was Chris Sheldon, Jordan Sutton, Robert Shapiro, and Andreas Efthymiou from CushWake and TeamShapiroBuildingSales. The seller was represented by the same brokers.
The property has two tenants: Chipotle and Bank of America. Both tenants have signed brand new 15-year net leases in the recently renovated building.
For more information about this property or similar opportunities, interested parties can contact the listing brokers.
Players
All
6
Agents
4
Agencies
2
Details
SOLD
IMAGE: Jordan Sutton, Joseph Sutton, Robert Shapiro, Lloyd Goldman, Chris Sheldon, Jeff Sutton & Andreas Efthymiou
DATE: 05/20/2021
ADDRESS: 2076-2084 86th Street
MARKET: Brooklyn
ASSET TYPE: Retail ~ ZONING: C4-2
BUYER: BLDG Management - Lloyd Goldman
SELLER: Wharton Properties - Jeff Sutton & Joseph Sutton
BROKERS: Chris Sheldon, Jordan Sutton, Robert Shapiro & Andreas Efthymiou @CushWake @TeamShapiroBuildingSales
TENANTS: @Chipotle 🌯 & @BankOfAmerica 🏦 🇺🇸
SALE PRICE: $17,250,000
SF: 7,806 ~ PPSF: $2,209
NOTE FROM BROKER: 2076-2084 86th St. is a two story, newly renovated building with brand new 15-year net leases to @BankOfAmerica and @Chipotle. Please reach out to the listing brokers for more information and other like-kind opportunities currently available.View on map
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Address2076-2084 86th Street
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