$7.2M Industrial Property Sold In East Flatbush, Brooklyn

The industrial property located at 5701 Foster Avenue in East Flatbush, Brooklyn, has been sold for a price of $7,200,000. The property spans an area of 31,680 square feet, resulting in a price per square foot of $227. The zoning classification for this property is M1-1, and it has lot dimensions of 165 ft x 200 ft. The property falls under tax class 4 and was previously sold for $2,500,000 with a price per square foot of $78.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,200,000
• Square Footage: 31,680
• Price per Square Foot: $227
• Zoning: M1-1
• Lot Dimensions: 165 ft x 200 ft
• Tax Class: 4
• Last Sale Price: $2,500,000
• Last Sale Date: [DATE]

Ofer Cohen, Dan Marks, Daniel Lebor, Adam Tannenbaum, and Robert Finnerty were involved in the transaction as representatives for . They played a significant role in facilitating the deal but do not directly represent the buyer or seller.