Yeshiva Ohr Yisrael Acquires Special Purpose Building In Marine Park, Brooklyn For $5.5M

Yeshiva Ohr Yisrael has recently acquired a special purpose building located at 1607 Burnett Street in Marine Park, Brooklyn. The property was sold by Yeshiva Ahavas Torah for a total price of $5.5 million. This specialty building spans across 22,465 square feet, resulting in a price per square foot of $245.

Summary of transaction details

• Property Type: Special Purpose
• Transaction Amount: $5,500,000
• Address: 1607 Burnett Street, Marine Park, Brooklyn
• Market: Marine Park, Brooklyn
• Square Footage: 22,465
• Price Per Square Foot: $245

This transaction showcases Yeshiva Ohr Yisrael's investment in the specialty property market. The purchase of the specialty building on Burnett Street emphasizes their focus on acquiring properties that serve specific purposes. Yeshiva Ahavas Torah acted as the seller in this deal, providing Yeshiva Ohr Yisrael with the opportunity to invest in the Marine Park area of Brooklyn.