Ariel Property advisors sell three Brooklyn properties totaling $5.09 million
Ariel Property Advisors arranged the following three sales totaling $5.09 million:
* A 40-ft. wide development site with 20,400 buildable s/f at 1 Sullivan Place at the corner of Washington Ave. in Crown Heights sold for $2.5 million. Exclusive agents Jonathan Berman, Akil Rossi, Daniel Tropp, and Mark Spinelli represented the buyer, a local developer.
* A three-story, 4,500 s/f, mixed-use building located on a retail corridor at 156 Graham Ave. in East Williamsburg sold for $1.615 million. Exclusive agents Tropp, Berman, and Spinelli represented the seller, a private owner, and procured the buyer, a local investor.
* A mixed-use, three-story property located at 486 Halsey St. in Bedford-Stuyvesant sold for $975,000. Exclusive agents Berman, Rossi, Tropp, and Spinelli represented the seller, a private owner, and procured the buyer, a local business owner.
Brooklyn, NY Investment Property Realty Group (IPRG), a New York-based commercial investment firm, has closed the sale of 1094 Hancock St., a mixed-use building in the Bushwick section, for $1.75 million.
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