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Yiming Wang Acquires Industrial Property In Bushwick, Brooklyn For $3.5M

31 Belvedere Street
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This Industrial property located in NY was sold for $3,500,000 almost 3 years ago.

An industrial property located at 31 Belvedere Street in Bushwick, Brooklyn has been sold for a price of $3,500,000. The property spans a total area of 5,110 square feet and has a price per square foot of $684. The building itself covers an area of 3,526 square feet, resulting in a price per square foot of $992. The property has a floor area ratio (FAR) of 0.69 and falls under tax class 4. It is situated on a lot measuring 5,097 square feet with dimensions of 49.83 ft x 102.85 ft.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,500,000
  • Market: Bushwick, Brooklyn
  • Zoning: M1-1
  • Buyer: Yiming Wang
  • Seller: Lisa Schachner

Yiming Wang acted as the buyer in this transaction, while Lisa Schachner served as the seller. The deal was completed on April 21, 2021. There are no additional details available regarding brokers or representatives involved in the transaction.

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Deals
  • Location
    31 Belvidere Street, Bushwick, Brooklyn, NY, USA31 Belvidere Street, Bushwick, Brooklyn, NY, USA
  • Sale Price
    $3,500,000$3,500,000
    $992 PPSF$992 PPSF
  • Area
    3,526 SF3,526 SF
  • Asset Type
    IndustrialIndustrial

Deal Summary

SALE DATE: 04/21/2021 ADDRESS: 31 Belvedere Street MARKET: Bushwick,Brooklyn ASSET TYPE: Industrial ~ ZONING: M1-1 BUYER: Yiming Wang SELLER: Lisa Schachner PRICE: $3,500,000 BSF: 5,110 ~ PPBSF: $684 SF: 3,526 ~ PPSF: $992 FAR: 0.69 TAX CLASS: 4 LOT SIZE: 5,097 LOT DIMENSIONS: 49.83 ft x 102.85 ft

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