Behrouz Shirazi, Nathan Shirazi & Masoud Farhangian Acquire Development Site In Rego Park For $2.26M

The property involved in the transaction is a development site located at 65-71 Booth Street in Rego Park. The sale price of the asset was $2,260,000, with a building square footage of 13,760 and a price per building square foot of $164. The square footage of the property is recorded at 1,971, with a price per square foot of $1,146.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,260,000
• Buyer: Behrouz Shirazi, Nathan Shirazi & Masoud Farhangian
• Seller: Henry Krahn & Vicky Krahn
• Seller's Representative: Mitra Hakimi - Mitra Hakimi Realty Group
• Building Square Footage: 13,760
• Price Per Building Square Foot: $164
• Square Footage: 1,971
• Price Per Square Foot: $1,146

Behrouz Shirazi, Nathan Shirazi, and Masoud Farhangian are the buyers involved in the transaction. The sellers, Henry Krahn and Vicky Krahn, were represented by Mitra Hakimi from Mitra Hakimi Realty Group. A note from the buyer mentioned that "condos/rentals coming soon."