Shulem Schik Acquires Development Site In Borough Park, Brooklyn For $4M

A development site located at 4911 19th Avenue in Borough Park, Brooklyn, has been sold for $4,000,000. The buyer, Shulem Schik, acquired the property from the seller, Joel Braver. With a building square footage (BSF) of 27,056, the price per buildable square foot (PPBSF) comes out to be $148.

Summary of transaction details:

• Property Type: Development Site
• Sale Price: $4,000,000
• Building Square Footage (BSF): 27,056
• Price Per Buildable Square Foot (PPBSF): $148
• Buyer: Shulem Schik
• Seller: Joel Braver
• Address: 4911 19th Avenue, Borough Park, Brooklyn

This transaction involved the purchase of the development site by Shulem Schik from Joel Braver. The property, located at 4911 19th Avenue in Borough Park, Brooklyn, has a building square footage of 27,056. The sale price for the property was $4,000,000, resulting in a price per buildable square foot of $148.