Shiya Acquires Office Building In Borough Park, Brooklyn For $29.5M

The property at 6201 15th Avenue in Borough Park, Brooklyn has been sold for a price of $29,500,000. The asset is classified as an office space with a total square footage of 147,520. The price per square foot is $199. The property is zoned as M1-1 and consists of 75,520 square feet of office space, 36,000 square feet of storage space, and 36,000 square feet of industrial space. The lot dimensions are 200 ft x 180 ft and the tax class is 4.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $29,500,000
• Square Footage: 147,520
• Price per Square Foot: $199
• Zoning: M1-1
• Office Square Footage: 75,520
• Storage Square Footage: 36,000
• Industrial Square Footage: 36,000
• Lot Dimensions: 200 ft x 180 ft
• Tax Class: 4

The deal was facilitated by Ofer Cohen, Dan Marks, Daniel Lebor, and Adam Tannenbaum. They represented the buyer, Shiya [...].