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Redeveloped Bensonhurst Retail Trades for $17M
Cushman & Wakefield arranged the $17.25-million sale of 2076-2084 86th St. in Brooklyn’s Bensonhurst neighborhood. The newly redeveloped 7,806-square-foot, two-story retail building is currently occupied by Bank of America and Chipotle.
A Cushman & Wakefield team of Jordan Sutton, Andreas Efthymiou, Robert M. Shapiro and Christopher Sheldon represented the seller, reportedly Wharton Properties. The buyer reportedly was Lloyd Goldman.
“This was an exceptional opportunity to acquire a fully redeveloped, well-performing retail asset in a high-demand area of Brooklyn,” said Efthymiou. “The asset is located in the borough’s core business district of 86th Street and 21st Avenue and is anchored by two high-quality and long-term tenants.”
The building recently underwent a complete redevelopment, with a second story being added, while receiving a new roof and interior upgrades.
“This is an excellent investment and we’re pleased to have found the right buyer for our valued client,” added Sutton.
- ◦Sale/Acquisition

