Li Hong Huang Acquires Office Building In Sunset Park, Brooklyn For $4.6M

The office property located at 5603 8 Avenue in Sunset Park, Brooklyn was recently sold for a price of $4,600,000. The property has a building square footage (BSF) of 3,888, resulting in a price per BSF of $1,183. With a total square footage (SF) of 3,008, the price per SF is $1,529. The property has a floor area ratio (FAR) of 1.88 and falls under tax class 1. The lot size is 1,600 square feet.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $4,600,000
• Address: 5603 8 Avenue, Sunset Park, Brooklyn
• Market: Sunset Park, Brooklyn
• Zoning: R6, C1-3
• Buyer: Li Hong Huang
• Seller: Brian S. Pun
• Last Sale Price: $2,922,888 (12/3/2013)
• Permits: Alteration 1 (05/20/2015)
• Lot Dimension: 20 ft x 80 ft

The buyer of the property is Li Hong Huang, while the seller is Brian S. Pun. The property was previously sold for $2,922,888 on December 3, 2013. Additionally, there was an alteration permit issued on May 20, 2015. The lot dimension is 20 ft x 80 ft.