Nathan Friedman & Joseph Banda Acquire Flatbush Development Site For $3.3M

The development site located at 494 East 23rd Street in Flatbush has been sold for $3,325,000. The property spans 19,521 square feet, resulting in a price per square foot of $166.

Summary of transaction details:

• Property Type: Development Site
• Sale Price: $3,325,000
• Address: 494 East 23rd Street
• Market: Flatbush
• Square Footage: 19,521
• Price per Square Foot: $166

The seller of the property is the Flatbush Church of the Redeemer, while the buyers are Nathan Friedman and Joseph Banda. Adan Elias Kornfeld from Meridian Investment Sales and Eric Yarbro from Madison represent the seller in this transaction.