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David Cohen Acquires Commercial Property In Bushwick, Brooklyn For $26.6M

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SOLD
$26,600,000

New York

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Commercial79,207 SF
Sold 01/27/2022
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Property Image
SOLD

David Cohen Acquires Commercial Property In Bushwick, Brooklyn For $26.6M

1654 Bushwick Avenue, Brooklyn, New York 11207, United States

See Similar Deals
Commercial79,207 SF
Sold 01/27/2022
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Summary

NEW YORK
Asset Type:Commercial
Price Per Square Foot:$335
Total Square Footage:79,207 SF
Transaction Type:Sale

The commercial property located at 1654 Bushwick Avenue in Bushwick, Brooklyn, was recently sold in a transaction on January 27, 2022. The property is zoned as M1-1 and has a lot size of 32,730 square feet. The last sale of the property occurred on August 2, 2016, for a price of $4,510,000. The lot dimensions measure 210.58 feet by 230.5 feet.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $26,600,000
  • Buyer: David Cohen
  • Seller: Jack Cayre
  • Building Square Footage (BSF): 32,730
  • Price per Building Square Foot (PPBSF): $812
  • Total Square Footage (SF): 79,207
  • Price per Square Foot (PPSF): $335
  • Floor-Area Ratio (FAR): 2.42
  • Tax Class: 4

David Cohen, representing himself as the buyer, entered into this transaction with Jack Cayre, the seller. The deal involved a significant amount of $26,600,000, demonstrating the property's value. With a building square footage of 32,730 and a total square footage of 79,207, the property's price per building square foot was $812, while the price per square foot was $335. The property has a floor-area ratio (FAR) of 2.42 and falls under tax class 4.

Players

JC
4 deals$112.8M volume(347) 647-2919
BROKER


4 deals$112.8M volume
SELLER

Details

SOLD
IMAGE: 01/27/2022 ADDRESS: 1654 Bushwick Avenue MARKET: Bushwick, Brooklyn ASSET TYPE: Commercial ~ ZONING: M1-1 BUYER: David Cohen SELLER: Jack Cayre PRICE: $26,600,000 BSF: 32,730 ~ PPBSF: $812 SF: 79,207 ~ PPSF: $335 FAR: 2.42 TAX CLASS: 4 LOT SIZE: 32,730 LAST SALE PRICE: $4,510,000 (8/2/2016) LOT DIMENSION: 210.58 ft x 230.5 ft

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