Louis Lebovits, Moishe Loketch, Pinny Loketch & Allan Lebovits Acquire Development Site In Prospect Heights, Brooklyn For $12M

A development site located at 630 Grand Avenue and 399 Prospect Place in Prospect Heights, Brooklyn, has been sold for a total of $12,000,000. The property, spanning an undisclosed square footage, was purchased by Louis Lebovits, Moishe Loketch, Pinny Loketch, and Allan Lebovits.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $12,000,000
• Address: 630 Grand Avenue & 399 Prospect Place, Prospect Heights, Brooklyn
• Buyer: Louis Lebovits, Moishe Loketch, Pinny Loketch & Allan Lebovits
• Seller: Charles Miele
• Broker: Abe Wurzberger - SPR Group

Abe Wurzberger from SPR Group represented the buyer in this transaction. The seller, Charles Miele, successfully closed the deal with the mentioned buyer group. No additional information is available regarding the specific plans for this development site.