Interborough Develolmental And Consultation Center Acquires Canarsie Development Site For $4M

An development site located at 1285 Rockaway Ave in Canarsie, BK has been sold for a price of $4,000,000. The property has a buildable square footage (BSF) of 22,950, resulting in a price per buildable square foot (PPBSF) of $174.

Summary of transaction details:

• Property Type: Development Site
• Date: 01/15/2019
• Market: Canarsie, BK
• Seller: Randolf Jackson - Referee for Dormitory Authority of New York
• Buyer: Interborough Develolmental and Consultation Center - Stephen Gersten
• Broker: Vadim Atbashyan @carealtyinc

The seller in this transaction is Randolf Jackson, who is the referee for the Dormitory Authority of New York. The buyer is the Interborough Develolmental and Consultation Center, represented by Stephen Gersten. The sale was facilitated by broker Vadim Atbashyan from @carealtyinc.