UPC Engineering Acquires Development Site In Greenwood Heights, Brooklyn For $2.28M

UPC Engineering has purchased a development site in Greenwood Heights, Brooklyn for a total of $2,280,000. The property, located at 814 5th Avenue, is a development site with a lot size of 50.17 ft x 100 ft. The site was delivered with approved plans in place and has a building square footage of 10,034. The price per buildable square foot (PPBSF) is $227. The property is zoned as R6B.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,280,000
• Buyer: UPC Engineering – Pamela Lee
• Seller: Anna Kuzmik-Sampas
• Brokers: Derek Bestreich, Adam Lobel & Gabriel Kates - Bestreich Realty Group

The deal was facilitated by brokers Derek Bestreich, Adam Lobel, and Gabriel Kates from Bestreich Realty Group. They represented both the buyer, UPC Engineering, and the seller, Anna Kuzmik-Sampas, in the transaction.