John Reid Acquires Commercial Property In Prospect - Lefferts Gardens, Brooklyn For $3.8M

The commercial property located at 1935 Bedford Avenue in Prospect - Lefferts Gardens, Brooklyn has been sold. The transaction took place on May 4, 2022. The property is classified as a commercial asset and falls under the R6 zoning category. With a total square footage of 2,487, the property was sold for a price of $3,807,498. This equates to a price per square foot of $1,530. The building's square footage is 24,171, resulting in a price per buildable square foot of $157.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,807,498
• Buyer: John Reid
• Seller: Gavriel Sakaff
• Market: Prospect - Lefferts Gardens, Brooklyn
• Previous Sale Price: $2,675,000 (December 1, 2017)
• Permits: Alteration 2 (June 27, 2018)
• Lot Size: 9,947 sqft
• Lot Dimension: 68.08 ft x 188.43 ft
• Last Sale Price: $2,675,000 (December 1, 2017)
• Tax Class: 1
• FAR: 0.25

The sale of the property was facilitated by John Reid, representing the buyer, and Gavriel Sakaff, representing the seller.