Gary Gililov Acquires Retail Property On 1140 Mcdonald Avenue, Borough Park, Brooklyn For $3.8M

The retail property located at 1140 McDonald Avenue in Borough Park, Brooklyn has been sold in a recent transaction. The property is zoned as M1-2 and has a lot size of 9,218 square feet with dimensions of 143.45 ft x 128.52 ft. The building has a total square footage (BSF) of 18,436, translating to a price per square foot (PPSF) of $206. The property itself spans across 5,114 square feet and was sold for a total price of $3,800,000. The previous sale of the property took place on July 16, 1990, with a sale price recorded as $0. The property falls under tax class 4 and has a floor area ratio (FAR) of 0.55.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3,800,000
• Market: Borough Park, Brooklyn
• Zoning: M1-2
• Building Square Footage (BSF): 18,436
• Price per Square Foot (PPSF): $206
• Property Square Footage (SF): 5,114
• Lot Size: 9,218
• Lot Dimensions: 143.45 ft x 128.52 ft
• Last Sale Price: $0 (7/16/1990)
• Tax Class: 4
• Floor Area Ratio (FAR): 0.55

The buyer in this transaction is Gary Gililov, while the seller is Robert Kessler.