Davean Holdings Acquires Mixed-Use Property In Brooklyn For $2.7M

David Lloyd, Sean Lefkovits, Lance Lefkovits, and Carl DeFelippo have closed a mixed-use property transaction in Brooklyn. The property, located at 1501-1503 8th Avenue, was sold by Dolores Abeijon. The buyers, represented by Carl DeFillippo, are Davean Holdings, which consists of Sean Lefkovits, Lance Lefkovits, and David Lloyd. The sale price for the property was $2,725,000.

Summary of transaction details:

• Property Type: Mixed-use
• Sale Price: $2,725,000
• Square Footage: 6,337
• Price per Square Foot: $430
• Market: Brooklyn

The property at 1501-1503 8th Avenue features 4 free market apartments and 2 occupied retail spaces. The residential portion of the corner property will undergo a complete gut renovation by the Davean team. The corner location provides excellent light and air, along with extra windows to maximize layout efficiency.

Note from the buyer: Davean Holdings acquired this 100% free market corner property in Park Slope for an impressive $430 per square foot. The property was bought for $2,725,000. For any future deals, please contact Davean Holdings at [email protected].