SOLD
Joshua Grossman Acquires Retail Property In Park Slope, Brooklyn For $10.58M
81 7th Avenue
Retail
5,123 SF
5,123 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Retail
5,123 sqft
Located at 81 7th Ave in Park Slope, Brooklyn, this retail property was recently sold in a closed transaction. The sale took place on September 14, 2022, and the property was purchased by Joshua Grossman from the seller, Adir Cohen. The asset type of the property is retail, and it spans across 5,123 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,575,000
- Address: 81 7th Ave, Park Slope, Brooklyn
- Buyer: Joshua Grossman
- Seller: Adir Cohen
- Brokers: Scott Plasky & Alex Arustamian - Plasky Retail Group - Marcus & Millichap
- Sale Price: $10,575,000
- Square Footage: 5,123
- Price per Square Foot: $2,064
The property was net-leased to Petco with a corporate guarantee, ensuring zero management involvement. Additionally, there is a long-term lease in place for the property, providing stability and potential returns for the new owner, Joshua Grossman.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Scott Plasky, Alex Arustamian & Adir Cohen
DATE: 09/14/2022
ADDRESS: 81 7th Ave.
MARKET: Park Slope, Brooklyn
ASSET TYPE: Retail
BUYER: Joshua Grossman
SELLER: Adir Cohen
BROKERS: Scott Plasky (@PlaskyRetailGroup) & Alex Arustamian (@Alex_Arustamian) - Plasky Retail Group (@PlaskyRetailGroup) - Marcus & Millichap (@MarcusMillichap_NY)
SALE PRICE: $10,575,000
SF: 5,123 ~ PPSF: $2,064
NOTE FROM BROKER: Property was net-leased to Petco (corporate guarantee). Zero management with a long-term lease in place.View on map
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Address81 7th Avenue
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