Aaron M. Stein Acquires Mixed-Use Property In Borough Park, Brooklyn For $3.5M

A mixed-use property located at 3803-3807 13th Ave. in Borough Park, Brooklyn has been sold in a closed transaction. The property spans a total area of 9,956 square feet, with a price of $3,500,000. This equates to approximately $351 per square foot. The building has a total buildable area of 13,680 square feet and a price per buildable square foot of $255. The sale took place on September 1, 2020.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $3,500,000
• SF: 9,956
• PPSF: $351
• BSF: 13,680
• PPBSF: $255
• Market: Borough Park, Brooklyn

The buyer of the property is Aaron M. Stein, while the seller is Charles Alaimo. The property is situated within the M1-2/R6A, MX-12 zoning district, with a maximum floor area ratio (FAR) of 3 for residential purposes. The lot size is 57 feet by 80 feet.