Delta CRE arranges sale of multiple properties in Brooklyn for $12.7 million
Adrian Langsner-Smilovici of Delta CRE arranged the sale of a development site in the Williamsburg section of the borough. The combined properties of 132 Bedford Ave. and 138-142 North 10th St., sold for $12.7 million.
Adrian Langsner-Smilovici and his team, Michael Leben and Meron Langsner represented both the buyer and the seller in this transaction.
The seller of the properties, Apple Restoration Co., cited the area's change over to a residential neighborhood as what prompted their relocation. The buyer of the properties, Bedford Acquisitions, LLC, has not yet disclosed their intentions with the properties, but have expressed that they are very excited to have a location on Bedford Ave.
Langsner-Smilovici, an industry veteran, has described this section of Brooklyn as "The New SoHo." He founded Delta CRE last year with a mission to help New York businesses and property owners optimize their position in the marketplace.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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