David Bistricer Acquires Warehouse In Crown Heights, Brooklyn For $4.73M

A warehouse located at 953 Dean Street in Crown Heights, Brooklyn has been sold in a recent transaction. The property, zoned as M1-1, was purchased by David Bistricer from Boris Saks for a price of $4,730,000. The warehouse spans 2,118 square feet, with a price per square foot of $2,233. It has a building square footage (BSF) of 8,472, resulting in a price per BSF of $558. The property sits on a 2,118 square feet lot and has a FAR of 1.00. The last recorded sale of the property was on October 11, 2014, for a price of $2,300,000. A full demolition permit was issued on October 30, 2020. The lot dimensions measure 19.25 ft x 110 ft.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: $4,730,000
• Market: Crown Heights, Brooklyn
• Buyer: David Bistricer
• Seller: Boris Saks
• PPSF: $2,233
• BSF: 8,472
• PPBSF: $558
• Lot Size: 2,118
• Last Sale Price: $2,300,000 (10/11/2014)
• Permits: Full Demolition (10/30/2020)
• Lot Dimensions: 19.25 ft x 110 ft

David Bistricer served as the buyer in this transaction, while Boris Saks acted as the seller. The deal was closed on December 22, 2021. The property is classified under tax class 4.