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Yehoshua Shamel Of GFI Realty Services Sells Development Site In East Flatbush For $4.58M

Property Image
SOLD
$4,580,000

New York

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Development Site43,940 SF
Sold 12/16/2021
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Property Image
SOLD

Yehoshua Shamel Of GFI Realty Services Sells Development Site In East Flatbush For $4.58M

1296 New York Avenue, Brooklyn, New York 11203, United States

See Similar Deals
Development Site43,940 SF
Sold 12/16/2021
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$104
Total Square Footage:43,940 SF
Transaction Type:Sale

A development site located at 1296-98 New York Avenue, 3408-10 Farragut Road, and 1595-97 New York Avenue in East Flatbush has been sold for a price of $4,580,000. The transaction took place on December 16, 2021. The property spans a total of 43,940 square feet, with a price per buildable square foot (PPBSF) of $104. The sale was facilitated by Yehoshua Shamel from GFI Realty Services.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $4,580,000
  • Address: 1296-98 New York Avenue, 3408-10 Farragut Road & 1595-97 New York Avenue, East Flatbush
  • Market: East Flatbush
  • Builable Square Footage: 43,940 sq ft
  • Price Per Buildable Square Foot (PPBSF): $104

The sale of the development site was overseen by Yehoshua Shamel, a broker from GFI Realty Services. Their involvement in the transaction highlights their expertise and knowledge in the East Flatbush market.

Players

Yehoshua Shamel
GFI Realty Services
Yehoshua Shamel
4 deals$32.7M volume
BROKER

Details

SOLD
IMAGE: Yehoshua Shamel DATE: 12/16/2021 ADDRESS: 1296-98 New York Avenue, 3408-10 Farragut Road & 1595-97 New York Avenue MARKET: East Flatbush ASSET TYPE: Development Site BROKER: Yehoshua Shamel - GFI Realty Services (@GFIRealty) SALE PRICE: $4,580,000 BSF: 43,940 ~ PPBSF: $104

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