SOLD
Judah Lefkowitz Acquires Development Site On Grand Ave In Crown Heights For $5.25M
527 Grand Avenue
Development Site
32,000 SF
32,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
32,000 sqft
Located in Crown Heights, the development site at 527 Grand Ave. has been sold in a recent transaction. The property, with a buildable square footage (BSF) of 32,000, offers significant potential for development. The sale price of the property was $5,250,000, resulting in a price per buildable square foot (PPBSF) of $164.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $5,250,000
- Address: 527 Grand Ave.
- Market: Crown Heights
Judah Lefkowitz emerged as the buyer in this transaction, while Alon Leibovitz & Partners represented the seller. The deal was facilitated by Lenny Sporn from Sporn Group LLC, who acted as the broker in the transaction.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Lenny Sporn
DATE: 12/27/2021
ADDRESS: 527 Grand Ave.
MARKET: Crown Heights
ASSET TYPE: Development Site
BUYER: Judah Lefkowitz
SELLER: Alon Leibovitz & Partners
BROKER: Lenny Sporn (@LennySporn) - Sporn Group LLC
SALE PRICE: $5,250,000
BSF: 32,000 ~ PPBSF: $164View on map
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Address527 Grand Avenue
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