Mosdos Satmar BP Acquires 39-Unit Specialty Building In Kensington, Brooklyn For $20M

Mosdos Satmar BP, through Mosdos Satmar BP, Inc., acquired a 39-unit specialty building at 507 Ocean Parkway in Kensington, Brooklyn from Talmudica Mosdos Temima, represented by Baruch Marguiles, for $20 million. The property is located in the Kensington neighborhood of Brooklyn and spans 34,800 square feet. The sale price of $20 million corresponds to a price per unit of $512,821 and a price per square foot of $575.

Summary of transaction details

• Property Type: Special Purpose
• Transaction Amount: $20,000,000
• Address: 507 Ocean Parkway, Kensington, Brooklyn
• Buyer: Brian Lefkowitz - Mosdos Satmar BP
• Seller: Baruch Marguiles - Talmudica Mosdos Temima
• Units: 39
• Price per Unit: $512,821
• Square Footage: 34,800
• Price per Square Foot: $575

The buyer, Brian Lefkowitz representing Mosdos Satmar BP, acquired the property from the seller Baruch Marguiles, who was representing Talmudica Mosdos Temima, in a transaction worth $20 million. Mosdos Satmar BP, through Mosdos Satmar BP, Inc., now holds the 39-unit building located at 507 Ocean Parkway in Kensington, Brooklyn.