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Doe Fund Acquires Retail Property In Brownsville, Brooklyn For $6.5M

794 Rockaway Avenue
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This Retail property located in NY was sold for $6,500,000 over 1 year ago.

The property involved in this transaction is a retail asset located at 794 Rockaway Avenue in Brownsville, Brooklyn. The sale took place on December 13, 2022, with a sale price of $6,500,000. The building has a total square footage of 9,612, resulting in a price per square foot of $676. The buyer was the Doe Fund, and the seller was Ramzey Ahmad. The property's price per buildable square foot is $101, based on a buildable square footage (BSF) of 64,555.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $6,500,000
  • Market: Brownsville, Brooklyn
  • Address: 794 Rockaway Avenue
  • Buyer: Doe Fund
  • Seller: Ramzey Ahmad
  • Square Footage: 9,612
  • Price per Square Foot: $676
  • Buildable Square Footage (BSF): 64,555
  • Price per Buildable Square Foot (PPBSF): $101

Throughout this transaction, the Doe Fund acted as the buyer, acquiring the retail property located at 794 Rockaway Avenue from the seller, Ramzey Ahmad. The sale price of $6,500,000 reflects a price of $676 per square foot for the 9,612 square feet of space. Furthermore, the property's buildable square footage is 64,555, resulting in a price per buildable square foot of $101.

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Deals
  • Location
    794 Rockaway Avenue, Brooklyn, New York 11212, United States794 Rockaway Avenue, Brooklyn, New York 11212, United States
  • Sale Price
    $6,500,000$6,500,000
    $722,222 PPSF$722,222 PPSF
  • Area
    9 SF9 SF
  • Asset Type
    RetailRetail

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Deal Summary

SALE DATE: 12/13/2022 ADDRESS: 794 Rockaway Avenue MARKET: Brownsville, Brooklyn ASSET TYPE:Retail BUYER: Doe Fund SELLER: Ramzey Ahmad SALE PRICE: $6,500,000 BSF: 64,555 ~ PPBSF: $101 SF: 9,612 ~ PPSF: $676

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