Andrew Plotkin Acquires Commercial Property In Bay Ridge, Brooklyn For $6.5M

The commercial property located at 464 86th Street in Bay Ridge, Brooklyn has been sold. The property is zoned as C4-2A and BR, making it suitable for various commercial uses. It has a lot size of 2,200 square feet with dimensions of 20 ft x 100 ft. The building on the property has a total square footage of 3,740. The transaction took place on June 24, 2022, and the sale price for the property was $6,500,000. The price per square foot (PPSF) is $1,737. The buyer of the property is Andrew Plotkin, while the sellers are Morris Cabasso and Ezzra Erani.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $6,500,000
• Market: Bay Ridge, Brooklyn
• Zoning: C4-2A, BR
• Lot Size: 2,200 SF
• Building Square Footage (BSF): 6,600
• Price per Building Square Foot (PPBSF): $984
• Square Footage (SF): 3,740
• Price per Square Foot (PPSF): $1,737

Notable permits for the property include an Alteration 3 permit issued on February 16, 2012. The property has a floor area ratio (FAR) of 1.70 and falls under tax class 4.

Andrew Plotkin, representing himself, acted as the buyer in the transaction. The sellers, Morris Cabasso and Ezzra Erani, were represented by their respective agents from an undisclosed agency.