Malky Feig Acquires Development Site In Borough Park, Brooklyn For $15.1M

The development site located at 1502-1504 46th Street in Borough Park, Brooklyn has been sold in a recent transaction. The property spans a total of 18,604 square feet, with a price per square foot of $812. The sale price for this transaction was $15,100,000. The buyer of the property is Malky Feig, while the seller is Jacob Fulop. The transaction took place on January 6, 2023.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $15,100,000
• Units: 8
• Price per Unit: $1,887,500
• Square Footage: 18,604
• Price per Square Foot: $812
• Market: Borough Park, Brooklyn

Malky Feig acted as the buyer in this transaction, while Jacob Fulop represented the seller. These key individuals played a significant role in the deal, ensuring its successful completion.