TerraCRG, a Brooklyn-based commercial real estate brokerage, has closed on the sale of a mixed-use building in Bedford-Stuyvesant.
TerraCRG partner Matthew Cosentino exclusively represented the seller, MBH 329 Nostrand LLC. Ahmed Kaid, the buyer, purchased the building for $2.1 million, or $515 per square foot.
Located at 329 Nostrand Ave., the mixed-use building contains four occupied residential units and a retail space. Each of the residential units spans an entire floor and contains four bedrooms. The retail space is occupied by Swivel Gallery, a modern art space that hosts exhibitions and events.
Kaid, the buyer, is also the owner of a building adjacent to 329 Nostrand Ave.
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