News: Brokerage

Tse of Exit Realty handles $5.9 million in sales–includes $2.28 million sale of a 7,040 s/f multifamily

Brooklyn, NY Exit Realty Professionals has completed the sale of a 7,040 s/f multifamily property located at 549 51st St. The sales price was $2.28 million. Carlos Tse, licensed salesperson agent of the commercial division from Exit Realty’s Boro Park office on 18th Ave., had the exclusive listing to market the property on behalf of the seller, a private seller and secured the buyer, a private investor.

According to Tse, he was able to sell this value-added opportunity because, “We identified a good buyer that was able to quickly evaluate the sale and had the money to close quickly, paying the seller’s asking price.”

Later, Tse arranged and allocated a 1031 exchange with the previous seller to reinvest his money in a 7,400 s/f mixed-use property located at 5001 4th Ave. The sales price was $3.718 million.

Tse has demonstrated history of working in the commercial real estate and financial services industry and is skilled in commercial real estate sales for over 10 years.

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