Khalid Holdings Acquires Industrial Property On Utica Ave For $1.2M

A industrial property located at 1392-1396 Utica Ave in Flatbush, Brooklyn has been sold in a recent transaction. The property, with a building square footage (BSF) of 6,200, was listed with an asking price of $1,500,000. The final sale price was negotiated at $1,200,000, resulting in a price per square foot (PPBSF) of $193.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,200,000
• Address: 1392-1396 Utica Ave, Flatbush, Brooklyn
• Market: Flatbush, Brooklyn
• Building Square Footage (BSF): 6,200
• Price per Square Foot (PPBSF): $193

The buyer in this transaction is Saif Khalid, representing Khalid Holdings. The seller is Vitaly Lango. Saif Khalid, as the broker, facilitated the deal.