Vyacheslav Bizyayev Acquires Mixed-Use Property In Bath Beach For $5.85M

A mixed-use property located at 8681 18th Ave. in Bath Beach has been sold for a total of $5,850,000. The transaction took place on 06/21/2022. The property is spread across an area of 11,600 square feet, resulting in a price per square foot of $504. The buyer of the property is Vyacheslav Bizyayev, while Yury Shapshal served as the seller.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,850,000
• Address: 8681 18th Ave.
• Market: Bath Beach
• Buyer: Vyacheslav Bizyayev
• Seller: Yury Shapshal
• Broker: Arsen Atbashyan - Commercial Acquisitions

Arsen Atbashyan, representing Commercial Acquisitions, facilitated the deal as the broker. The property offers a mix of residential and commercial spaces, making it attractive for investors looking for diverse income streams. The transaction reflects the continued interest and activity in the Bath Beach market.