SOLD
Great City LLC Acquires Bensonhurst Retail Property From Chung Kon Im & Song Hui Im For $2.7M
7502 New Utrecht Avenue
Retail
5,385 SF
5,385 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Retail
5,385 sqft
The retail property located at 7502 New Utrecht Ave in Bensonhurst has been sold in a recent transaction. The property consists of three units and spans across 5,385 square feet. The sale took place on July 19, 2021, with a sale price of $2,700,000. This translates to a price per square foot of $501. The previous sale of the property was recorded in April 2003, with a sale price of $650,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,700,000
- Units: 3
- Market: Bensonhurst
The buyer of this property is Great City LLC, represented by The Wong Family. The seller is Chung Kon Im and Song Hui Im. The transaction was facilitated by multiple brokers, including Roy Chou, Seannos Jung, Josh Pomerantz, and Roni Soleimani from SPCapitalGroup.
It is worth noting that this sale was negotiated during the pandemic in an off-market transaction. The seller, who had owned the property for almost 20 years, decided to sell. For further inquiries regarding similar property acquisitions or sales, please contact Seannos Jung at (347)746-2897 or via email at [email protected].
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Roni Soleimani & Josh Pomerantz
DATE: 07/19/2021
ADDRESS: 7502 New Utrecht Ave.
MARKET: Bensonhurst
ASSET TYPE: Retail ~ UNITS: 3
BUYER: Great City LLC - The Wong Family
SELLER: Chung Kon Im & Song Hui Im
BROKERS: Roy Chou, Seannos Jung, Josh Pomerantz (@Pomdiggz) & Roni Soleimani (@RealRoniSoleimani) - @SPCapitalGroup
SALE PRICE: $2,700,000
SF: 5,385 ~ PPSF: $501
LAST SALE PRICE: $650,000 (04/2003)
NOTE FROM @SPCapitalGroup: This property was sold in an off-market transaction that was negotiated in the middle of the Pandemic. The seller was a long term owner, as this is the first sale in almost 20 years.
If you are looking to acquire or sell similar properties, please reach out to:
👤 Seannos Jung
📱 (347)746-2897
📧 [email protected]View on map
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Address7502 New Utrecht Avenue
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