Alon Ashourzadeh Acquires Development Site In Williamsburg Brooklyn For $2.1M From Seller Salvador Ortiz

The property asset involved in this transaction is a development site located at 126 Manhattan Avenue in Williamsburg, Brooklyn. The sale price for the asset was $2,100,000, with a building square footage (BSF) of 7,500 and a price per building square foot (PPBSF) of $280. The total land area is 2,500 square feet, which equates to a price per square foot (PPSF) of $840.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $2,100,000
• Address: 126 Manhattan Avenue
• Market: Williamsburg, Brooklyn
• BSF: 7,500
• PPBSF: $280
• SF: 2,500
• PPSF: $840
• Buyer: Alon Ashourzadeh
• Seller: Salvador Ortiz
• Brokers: Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura & Sal Monteverde - Investment Property Realty Group (IPRG)

The transaction involved several key individuals representing various interests. Alon Ashourzadeh was the buyer, while Salvador Ortiz acted as the seller of the property. The brokers facilitating the deal included Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura, and Sal Monteverde, all affiliated with Investment Property Realty Group (IPRG). This collaboration among professionals contributed to the successful completion of the transaction.