The asset involved in this transaction is a development site located at 175 Rochester Avenue in Brooklyn. The property was sold for $2,150,000, covering a building square footage of 13,626, resulting in a price per building square foot of $157. The site encompasses a total of 6,225 square feet, which translates to a price per square foot of $345.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $2,150,000
• Building Square Footage: 13,626
• Price per Building Square Foot: $157
• Total Square Footage: 6,225
• Price per Square Foot: $345
• Buyer: Shabse Fuchs
• Seller: Ely Sakhai
• Buyer's Representative: Sion Hourizahdeh
• Sale Date: 12/30/2024

This transaction has Shabse Fuchs as the buyer represented by Sion Hourizahdeh. Ely Sakhai is identified as the seller in this deal. The successful transfer of ownership took place on December 30, 2024.