David Cohen Acquires Commercial Property In Bushwick, Brooklyn For $26.6M
New York
See Similar DealsDavid Cohen Acquires Commercial Property In Bushwick, Brooklyn For $26.6M
1654 Bushwick Avenue, Brooklyn, New York 11207, United States
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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.
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