Eli Dweck Acquires Retail Property On Vanderbilt Avenue In Prospect Heights, Brooklyn For $5.8M
The property involved in this transaction is a retail asset located at 550 Vanderbilt Avenue in Prospect Heights, Brooklyn. The property spans 7,033 square feet and was sold for a price of $5,800,000, resulting in a price per square foot of $825.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,800,000
- Square Footage: 7,033
- Address: 550 Vanderbilt Avenue
- Market: Prospect Heights, Brooklyn
The buyer in this transaction is Eli Dweck, while the seller is Gang Hu of Greenland USA. Matthew Marshall of Marshall Real Estate represented both parties as the broker during the deal.
DATE: 12/29/2023
ADDRESS: 550 Vanderbilt Avenue
MARKET: Prospect Heights, Brooklyn
ASSET TYPE: Retail
BUYER: Eli Dweck
SELLER: Gang Hu – Greenland
USA BROKER: Matthew Marshall – Marshall Real Estate (@MRENYC)
SALE PRICE: $5,800,000
SF: 7,033
~ PPSF: $825