Tamir Ouanounou Acquires Industrial Property In Bedford-Stuyvesant, Brooklyn For $7.05M

The industrial property located at 743 Myrtle Avenue in the Bedford-Stuyvesant neighborhood of Brooklyn has been sold for a price of $7,050,000. The property spans a total of 10,388 square feet and has a building square footage (BSF) of 43,659, resulting in a price per square foot (PPSF) of $679. The lot size is 15,775 square feet, with dimensions of 100 feet by 157.75 feet. The property falls under multiple zoning designations, including R7D, C2-4, and M1-1. The previous sale of the property took place on August 25, 2017, for a price of $6,500,000.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $7,050,000
• Address: 743 Myrtle Avenue, Bedford-Stuyvesant, Brooklyn
• Market: Bedford-Stuyvesant, Brooklyn
• Buyer: Tamir Ouanounou
• Seller: Scot Fishman
• Building Square Footage (BSF): 43,659
• Price Per Square Foot (PPSF): $679
• Total Square Footage (SF): 10,388
• Lot Size: 15,775 square feet
• Previous Sale Price: $6,500,000 (8/25/2017)
• Lot Dimensions: 100 ft x 157.75 ft
• Zoning: R7D, C2-4, M1-1

Tamir Ouanounou has acquired the property at 743 Myrtle Avenue from Scot Fishman. The property has a floor area ratio (FAR) of 1.00 and falls under tax class 4. This transaction represents a successful industrial property sale in the Bedford-Stuyvesant market.