Jamie Anthony Acquires Retail Property On Livingston Street For $4.5M

The property involved in this transaction is a retail space located at 289 Livingston Street in Downtown Brooklyn, Brooklyn. The asset has a total square footage of 4,200 and is zoned as C6-4, DB. The property has a lot size of 2,500 with dimensions of 20 ft x 80 ft. The last recorded sale of the property was on January 23, 2012, for a price of $0.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,500,000
• Buyer: Jamie Anthony
• Seller: Saied Shamash
• BSF: 25,000
• PPSF: $180
• SF: 4,200
• PPSF: $1,071
• FAR: 1.68
• Tax Class: 4

In this transaction, the buyer, Jamie Anthony, acquired the property from the seller, Saied Shamash, for a total price of $4,500,000. The property has a building square footage of 25,000, with a price per buildable square foot of $180. The sale price per square foot of the property is $1,071. The property has a floor area ratio (FAR) of 1.68 and is classified under tax class 4.