Linear Retail Properties LLC has acquired a retail condominium unit in East Cambridge for $2.4 million.

Rick Rostoff, vice president of acquisitions at Linnear, sourced the 3,075-square-foot unit directly from the seller, Cambridge-FAB LLC. The property is located at the intersection of First and Cambridge streets, near the Green Line’s Lechmere Station. It is occupied by Finagle a Bagel on a short-term basis and is available for lease.

"This property represents our fourth acquisition in Cambridge. We are thrilled to be part of the revitalization of the East Cambridge neighborhood," Aubrey Cannuscio, partner of Acquisitions of Linear Retail, said in a statement. "Linear Retail is aggressively pursuing additional retail investments in eastern Massachusetts, southern New Hampshire and Rhode Island."