SOLD
Joe Lati Acquires Development Site In Brooklyn For $2M
1611-1615 Cedar Street
Development Site
17,080 SF
17,080 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
17,080 sqft
A development site located at 1611-1615 Cedar St. in Brooklyn has been sold for $2,000,500. The property, which spans 17,080 square feet, was listed with an asking price of $2,100,000. The buyer, Joe Lati, acquired the site from seller Ramaz Mitaishvily. The sale was facilitated by Rebecca Elston of Rebecca Elston and Rebec Caelston.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,000,500
- Address: 1611-1615 Cedar St., Brooklyn
- Market: Brooklyn
- Zoning: R7A, C2-3
- BSF: 17,080
- Price Per BSF: $117
A full demolition permit was filed for the property in March 2021.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Rebecca Elston
DATE: 04/22/2021
ADDRESS: 1611-1615 Cedar St.
MARKET: Brooklyn
ASSET TYPE: Development Site ~ ZONING: R7A, C2-3
BUYER: Joe Lati
SELLER: Ramaz Mitaishvily
BROKER: Rebecca Elston @Rebecca_Elston1 @Rebec_Caelston
ASKING PRICE: $2,100,000
SALE PRICE: $2,000,500
BSF: 17,080 ~ PPBSF: $117
PERMITS FILED: Full demolition (03/2021)View on map
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Address1611-1615 Cedar Street
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