SOLD
Katz Family Acquires Development Site In Midwood, Brooklyn For $1.95M
1688 East 18th Street
Development Site
18,000 SF
18,000 SF
Sold 261 days ago
Summary
Sale
NEW YORK
Development Site
18,000 sqft
A development site located at 1688 East 18th Street in Midwood, Brooklyn, has been sold in a recent transaction. The property, with a building square footage (BSF) of 18,000, was purchased for a sale price of $1,950,000. The price per building square footage (PPBSF) amounts to $108, indicating a favorable investment opportunity.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,950,000
- Address: 1688 East 18th Street
- Market: Midwood, Brooklyn
The sale of this development site was facilitated by brokers Jacob Stavsky from Stav Equities and Eli Soleimani from SP Capital Group. Jacob Stavsky, known for his expertise in property transactions, represented the buyer, the Katz Family. On the other hand, Eli Soleimani served as the representative of the seller, Rabbi Haimoff. Through their combined efforts, the deal was successfully closed at a mutually beneficial price.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Jacob Stavsky & Eli Soleimani
DATE: 08/10/2023
ADDRESS: 1688 East 18th Street
MARKET: Midwood, Brooklyn
ASSET TYPE: Development Site
BUYER: Katz Family
SELLER: Rabbi Haimoff
BROKERS: Jacob Stavsky - Stav Equities (@Stav_equities)& Eli Soleimani (@EliSoleimani) - SP Capital Group (@SPCapitalGroup)
SALE PRICE: $1,950,000
BSF: 18,000 ~ PPBSF: $108View on map
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Address1688 East 18th Street
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