Lee Warshavsky Acquires Multi-Family Property In East New York, Brooklyn For $60M

The multi-family property located at 2060 Pitkin Avenue in East New York, Brooklyn, has been sold for a price of $60,000,000. The property spans 165,466 square feet and has a building square footage (BSF) of 194,400. The price per square foot (PPSF) stands at $363. The lot size is 80,000 square feet, with dimensions of 200 feet by 400 feet. The property falls under tax class 2 and has a floor area ratio (FAR) of 2.07. The previous sale of the property took place on March 28, 2006, at a price of $292,300.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $60,000,000
• Market: East New York, Brooklyn
• Zoning: R6
• Buyer: Lee Warshavsky
• Seller: Eugene Schneur
• Price per Building Square Foot (PPBSF): $309
• Square Footage (SF): 165,466
• Price per Square Foot (PPSF): $363
• Tax Class: 2
• Last Sale Price: $292,300 (3/28/2006)
• Lot Size: 80,000
• Lot Dimension: 200 ft x 400 ft

In this transaction, Lee Warshavsky purchased the property from Eugene Schneur. The property's sale price of $60,000,000 indicates a significant investment in the East New York market. The deal was facilitated by their respective representatives.