Yousef Althkefati Acquires Retail Property On Kings Highway In Midwood, Brooklyn For $14.4M

The retail property located at 943 Kings Highway in Midwood, Brooklyn has been sold for a price of $14,375,000. The property has a total building square footage (BSF) of 45,662 and a price per BSF (PPBSF) of $315. The lot size is 13,430 square feet, with dimensions of 140.67 ft x 150.83 ft. The total square footage (SF) of the property is 37,700, and the price per square foot (PPSF) is $381. The property is zoned as C4-2, C8-2, OP.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $14,375,000
• Market: Midwood, Brooklyn
• Zoning: C4-2, C8-2, OP
• Buyer: Yousef Althkefati
• Seller: Bruce Kirshner
• Total BSF: 45,662
• PPBSF: $315
• Total SF: 37,700
• PPSF: $381
• Lot Size: 13,430 square feet
• Last Sale Price: $0 (12/11/2013)
• Permits: 3 months for permits
• Lot Dimension: 140.67 ft x 150.83 ft

The buyer of the property is Yousef Althkefati, and the seller is Bruce Kirshner. The property has a floor area ratio (FAR) of 2.81 and falls under tax class 4. The previous sale price of the property was $0 on 12/11/2013. It is important to note that the transaction is a closed deal, and no additional information is available regarding the property or the individuals involved.