Zakaria Family Purchases Development Site At 2731 Albemarle Road For $726000 From Abraham Avikikiss

The property asset involved is a development site located at 2731 Albemarle Road in Brooklyn. The sale price of the property was $726,000, and it encompasses a building square footage (BSF) of 5,995, resulting in a price per building square foot (PPBSF) of $121.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $726,000
• Address: 2731 Albemarle Road
• Market: Brooklyn
• BSF: 5,995
• PPBSF: $121
• Buyer: Zakaria Family
• Seller: Abraham Avikikiss
• Broker Representatives: Kevin Louie, Eric Delafraz, Kevin Schmitz & Andreas Efthymiou - Ripco

The key individuals involved in the transaction include the buyer, Zakaria Family, and the seller, Abraham Avikikiss. The transaction was facilitated by the brokerage team from Ripco, comprised of Kevin Louie, Eric Delafraz, Kevin Schmitz, and Andreas Efthymiou, who represented the parties in this deal.