Chris Lee Acquires Mixed Use Property On 7th Avenue In Park Slope, Brooklyn

A mixed-use property located at 228 7th Avenue in Park Slope, Brooklyn has been sold in a closed transaction. The property consists of 8 units and spans over an area of 7,200 square feet. The asking price for the property was $5,250,000, and it was eventually sold for $5,047,000. This translates to a price per square foot of $700.97. The transaction involved the seller, Peter & George Sherwin, and the buyer, Chris Lee. The property was marketed by Shaun Riney & Mark Zarrella, brokers from Marcus & Millichap.

Summary of transation details

• Property Type: Mixed Use
• Transaction Amount: $5,047,000
• Address: 228 7th Avenue, Park Slope, Brooklyn
• Market: Park Slope, Brooklyn
• Square Footage: 7,200 SF
• Price Per Square Foot: $700.97
• Units: 8
• Seller: Peter & George Sherwin
• Buyer: Chris Lee
• Brokers: Shaun Riney & Mark Zarrella - Marcus & Millichap

Shaun Riney & Mark Zarrella from Marcus & Millichap played a significant role in facilitating the transaction. They represented both the seller, Peter & George Sherwin, and the buyer, Chris Lee, ensuring a smooth deal. The sale price of $5,047,000 and the overall value of the property showcase the success of their efforts in closing the transaction.