Yidi Nussenzweig Acquires Commercial Property On East 19th Street In Midwood, Brooklyn For $4M

The commercial property located at 1575 East 19th Street in Midwood, Brooklyn has been sold for a price of $4,000,000. The property has a building square footage of 18,000 and a price per square foot of $222. The total land area is 4,000 square feet, with dimensions of 40 ft x 100 ft. The previous sale of the property was recorded on December 17, 2013, for a price of $5,700,000. An alteration permit was issued on August 25, 2016.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $4,000,000
• Market: Midwood, Brooklyn
• Zoning: R7A
• Buyer: Yidi Nussenzweig
• Seller: Jong Jin Kim
• Price per Square Foot: $222
• Building Square Footage: 18,000
• Last Sale Price: $5,700,000 (12/17/2013)
• Permits: Alteration 2 (08/25/2016)
• Lot Size: 4,000 square feet
• Lot Dimension: 40 ft x 100 ft

Yidi Nussenzweig was represented by their broker in this transaction.