Tri State Commercial Realty is featured in the traded. article Guarden Khan Acquires Retail Property At 1226 Kings Highway From Jeff Sutton & Joseph Sutton For $3.5M.
The retail asset located at 1226 Kings Highway in Brooklyn has been sold for a total transaction price of $3,500,000. The property encompasses a square footage of 4,613, resulting in a price per square foot of $758.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,500,000
- Buyer: Guarden Khan
- Seller: Jeff Sutton & Joseph Sutton – Wharton Properties
- Broker: Jack Sardar & Frederick Betesh – Tri State Commercial Realty
- Sale Date: 02/05/2025
The broker team comprising Frederick Betesh and Jack Sardar from Tri-State Commercial Realty managed a year-long negotiation process for this transaction, culminating in a successful deal with an end-user buyer. Their efforts resulted in a record-setting sale on the block.
To read more, click here: https://traded.co/deals/new-york/retail/sale/1226-kings-highway/