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Braverhood Acquires Office Building In Borough Park, Brooklyn For $10M

Property Image
SOLD
$10,000,000

New York

See Similar Deals
Office5,745 SF
Sold 06/15/2023
the dealdetailscomps
Property Image
SOLD

Braverhood Acquires Office Building In Borough Park, Brooklyn For $10M

1527 60th St Brooklyn, NY 11219, USA

See Similar Deals
Office5,745 SF
Sold 06/15/2023
the dealdetailscomps

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$1,740
Total Square Footage:5,745 SF
Transaction Type:Sale

Braverhood, represented by Israel Benedek from Braverhood, has acquired an office building in Brooklyn's Borough Park for a total of $10,000,000. The property, located at 1527 60th Street, spans 5,745 square feet and includes additional air rights, allowing for a total buildable area of 13,052 square feet. The transaction was completed with the seller, William Nussen and Malka Nussen.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $10,000,000
  • Building Square Footage: 5,745
  • Price per Square Foot: $1,741
  • Total Buildable Area: 13,052
  • Buyer: Braverhood - Israel Benedek
  • Seller: William Nussen & Malka Nussen

This acquisition showcases Braverhood's investment in the Borough Park office market. Led by Israel Benedek from Braverhood, the deal highlights the growing demand for office spaces in Brooklyn's thriving commercial district.

Details

SOLD
IMAGE: Israel Benedek DATE: 06/15/2023 ADDRESS: 1527 60th Street MARKET: Borough Park, Brooklyn ASSET TYPE: Office BUYER: Braverhood - Israel Benedek SELLER: William Nussen & Malka Nussen SALE PRICE: $10,000,000 BSF: 13,052 ~ PPBSF: $766 SF: 5,745 ~ PPSF: $1,741 NOTE: Braverhood has purchased an office building in Brooklyn's Borough Park for $10 million from William and Malka Nussen. The property, located at 1527 60th Street, spans 5,745 square feet with additional air rights, making the total buildable area 13,052 square feet.

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