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Steven Kachanian Of Klosed Properties Acquires Retail Condo In Brooklyn For $1.2M

525 Myrtle Avenue
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This Retail property located in NY was sold about 6 years ago.

The retail condo located at 525 Myrtle Avenue in Brooklyn, New York has been sold in a closed transaction. The property spans a total of 1,900 square feet, with 1,700 square feet on the ground floor and an additional 200 square feet in the basement. The transaction was completed at a price of $1,218,000, resulting in a price per square foot of $641.

Summary of transaction details

  • Property Type: Retail Condo
  • Transaction Amount: $1,218,000
  • Square Footage: 1,900 sf (1,700 sf on the ground floor and 200 sf basement)
  • Price per Square Foot: $641
  • Address: 525 Myrtle Avenue, Brooklyn
  • Market: Brooklyn

Steven Kachanian of Klosed Properties acted as the buyer in this transaction, while Eduardo Kramer served as the seller. It is worth noting that Klosed Properties is currently involved in 9 other properties that are under hard contract.

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Deals
  • Location
    525 Myrtle Ave, Brooklyn, NY 11205, USA525 Myrtle Ave, Brooklyn, NY 11205, USA
  • Area
    19,000 SF19,000 SF
  • Asset Type
    RetailRetail

Deal Summary

DATE: 02/22/2018 IMAGE: Steven Kachanian ADDRESS: 525 Myrtle Avenue CITY: New York MARKET: Brooklyn ASSET TYPE: Retail Condo PRICE: $1,218,000 SF: 1,900 sf (1,700 sf on the ground floor and 200 sf basement) PPSF: $641 SELLER: Eduardo Kramer BUYER: Steven Kachanian of Klosed Properties NOTE: Klosed Properties currently have 9 properties under hard contract […]

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