Zinoviy Zaltsman Acquires Development Site At 665 5th Avenue Brooklyn For $11.4 Million

The property involved in the transaction is a development site located at 665 5th Avenue, Brooklyn. The sale price for the asset was $11,400,000. The building consists of 30,600 buildable square feet, leading to a price per buildable square foot of $372. The total square footage of the property is 10,200, which results in a price per square foot of $1,117.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $11,400,000
• Address: 665 5th Avenue
• Market: Brooklyn
• Buildable Square Feet: 30,600
• Price per Buildable Square Foot: $372
• Total Square Feet: 10,200
• Price per Square Foot: $1,117
• Buyer: Zinoviy Zaltsman
• Seller: Alan Leavitt
• Broker: Yevgeniy Kandkhorov - 1 Meridian Realty

Key individuals in this transaction include the buyer, Zinoviy Zaltsman, and the seller, Alan Leavitt. Representing the deal for the seller is broker Yevgeniy Kandkhorov from 1 Meridian Realty, who facilitated the transaction process.