Brooklyn Laundry Acquires Development Site In Midwood For $3M

A development site located at 1870-1884 Flatbush Avenue in Midwood, Brooklyn, has been sold for $3 million. The property spans approximately 22,000 square feet, resulting in a price per square foot of $136. The buyer, The Brooklyn Laundry Company represented by Abraham Sharabi, acquired the site through AS Flatbush Ave LLC. The seller, Bridge Multicultural & Advocacy Project represented by Mark Meyer Appel, finalized the transaction.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $3,000,000
• Address: 1870-1884 Flatbush Avenue, Midwood, Brooklyn
• Buyer: The Brooklyn Laundry Company - Abraham Sharabi
• Seller: Bridge Multicultural & Advocacy Project - Mark Meyer Appel
• Square Footage: 22,000
• Price per Square Foot: $136

Abraham Sharabi, the representative of The Brooklyn Laundry Company, successfully purchased the development site at 1870-1884 Flatbush Avenue in Midwood, Brooklyn. The transaction was finalized with Bridge Multicultural & Advocacy Project, represented by Mark Meyer Appel, for a total of $3 million.