Michael I. Geylik & Michael Yuryev Acquire Commercial Property In Brighton Beach, Brooklyn For $3.775M

Located in the vibrant neighborhood of Brighton Beach, Brooklyn, the commercial property at 291 Brighton Beach Avenue & 289 Brighton Beach Avenue has recently been sold in a closed transaction. This property features a total building square footage (BSF) of 9,720, with a price per BSF (PPBSF) of $388. The total lot size is 2,000 square feet, and the lot dimensions measure 20 feet by 100 feet.

Summary of Transaction Details:

• Property Type: Commercial
• Transaction Amount: $3,775,000
• Market: Brighton Beach, Brooklyn
• Zoning: R6, C1-2, OP
• Tax Class: 4
• Permits: Alteration 3 (03/06/2019)
• FAR: 1.60

The buyers of this property are Michael I. Geylik and Michael Yuryev, while the sellers are Lori Ellyn Bello and Marcy Ann Carroll. The sale price for this transaction was $3,775,000, with a price per square foot (PPSF) of $664. The property spans a total of 5,680 square feet. These individuals and companies played key roles in the successful completion of this deal.