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

 

Matthew Marshall

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