Daniel Kugel Acquires Warehouse In Bedford-Stuyvesant, Brooklyn For $4.45M

A warehouse located at 102 Sandford Street in the Bedford-Stuyvesant neighborhood of Brooklyn has been sold for a price of $4,450,000. The property, which is zoned as M1-1, spans a total square footage of 16,227. With a price per square foot (PPSF) of $274, this transaction represents a Building Square Feet (BSF) of 15,025 with a PPBSF rate of $296. The lot size is 15,025.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: $4,450,000
• Address: 102 Sandford Street
• Market: Bedford-Stuyvesant, Brooklyn
• Asset Type: Warehouse
• Zoning: M1-1
• Square Footage (SF): 16,227
• Price per Square Foot (PPSF): $274
• Building Square Feet (BSF): 15,025
• Price per Building Square Foot (PPBSF): $296
• Land Lot Size: 15,025

The buyer in this transaction is Daniel Kugel, while the seller is Yizhar Shimoni.

Some additional information related to this property includes a Floor Area Ratio (FAR) of 1.08, a tax class of 4, and previous sale details indicate that the property was last sold for $11,900,000 on December 29, 2015. Furthermore, permits for alteration type 3 were issued on March 13, 2013. The lot dimensions of the property are 75 ft x 200 ft.