Sasson Real Estate Group Acquires Office Building In Borough Park For $3.9M

The property at 902 49th Street in Borough Park has been sold in a transaction. The office building, with a zoning designation of R6, was involved in the closed sale. The buyer of the property is Sasson Real Estate Group, while the seller is Norman Saffra.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,900,000
• Address: 902 49th Street
• Market: Borough Park
• Lot Size: 2,104
• Building Square Footage: 4,313
• Price per Square Foot: $904
• Building Square Footage (BSF): 5,113
• Price per Building Square Foot (PPBSF): $762
• FAR: 2.05
• Tax Class: 4
• Permits: Alteration 2 (02/11/2002)
• Lot Dimensions: 21 ft x 100.17 ft

Sasson Real Estate Group acted as the buyer in this transaction, representing their own interests. Norman Saffra, the seller, was represented by his own representative in the deal.