Maspeth, NY (PRWEB) December 11, 2013
Adrian Langsner-Smilovici of Delta CRE arranged the sale of a unique development site in the prime area of Williamsburg, Brooklyn: the combined properties of 132 Bedford Ave. and 138-142 North 10th St, sold for $12.7 million. This calculates to $474/S.F., a premium price in the area.
Adrian Smilovici-Langsner and his team, Michael J. 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, 132 Bedford, LLC, has not yet disclosed their intentions with the properties, but have expressed that they are very excited to have a prime 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.
Delta Commercial Real Estate is a full-service commercial brokerage company based in Queens, NY. Delta CRE’s core activities are development, sales, and leasing.