Moshe Halberstam Acquires Office Building In Madison, Brooklyn For $6.35M

An office building located at 3030 Nostrand Avenue in Madison, Brooklyn has been sold for a price of $6,350,000. The property sits on a lot size of 11,000 square feet with dimensions of 100 ft x 110 ft. The building has a total square footage of 14,960 and a building square footage (BSF) of 5,500. The price per square foot (PPSF) is $424, while the price per BSF (PPBSF) is $1,154. The property has a floor area ratio (FAR) of 1.36 and is classified under tax class 4. It received an alteration permit in October 1996.

Summary of transaction details

• Property Type: Office Building
• Transaction Amount: $6,350,000
• Lot Size: 11,000 square feet
• Building Square Footage (BSF): 5,500
• Price per Square Foot (PPSF): $424
• Price per BSF (PPBSF): $1,154
• Floor Area Ratio (FAR): 1.36
• Tax Class: 4
• Permits: Alteration 1 (10/22/1996)
• Lot Dimension: 100 ft x 110 ft

Moshe Halberstam purchased the office building from Yaakov Mordcchai. Both parties were represented by their respective brokers in the deal. Unfortunately, no additional information is available about the involvement of the key individuals and companies in this transaction.