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31 Belvidere Street
SOLD

Xian Zhang Acquires Mixed-Use Property On Belvidere Street In Bushwick, Brooklyn For $3.5M

31 Belvidere Street

Mixed-use
3,526 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
Mixed-use
3,526 sqft

A mixed-use property located at 31 Belvidere Street in Bushwick, Brooklyn has been sold for $3,500,000. The property spans 3,526 square feet and has a price per square foot of $992. The buyer, Xian Zhang of Birds Of A Feather BK, acquired the property from Jalisa An. The transaction was facilitated by broker Nathan Horne of Horne Team.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,500,000
  • Address: 31 Belvidere Street, Bushwick, Brooklyn
  • Market: Bushwick, Brooklyn
  • Buyer: Xian Zhang of Birds Of A Feather BK
  • Seller: Jalisa An
  • Broker: Nathan Horne of Horne Team

Congratulations to Birds Of A Feather BK, the perfect buyers for this remarkable and beautiful building. The property, which was recently featured in the NY Times, will be renovated to its full potential while respecting its existing beauty. The commercial branch of the Horne Team underwent an extensive process involving zoning architects and attorneys to obtain a 74-711 special permit from the LPC and DCP. Despite the challenges, the property was ultimately sold at a good price for the owners.

The Horne Team had a successful week with multiple closings, contracts, and accepted offers totaling $26.5M. They also have two new listings available. For any inquiries, you can contact Nathan Horne at Nathan.Horne@Compass.Com or 706-255-5657.

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Nathan Horne's profile picture
Nathan Horne
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Real Estate Broker and Attorney
$154.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Nathan Horne DATE: 04/12/2021 ADDRESS: 31 Belvidere Street MARKET: Bushwick, Brooklyn ASSET TYPE: Mixed-use BUYER: Xian Zhang @BirdsOfAFeatherBK SELLER: Jalisa An BROKER: Nathan Horne @Horne.Team ASKING PRICE: $3,750,000 SALE PRICE: $3,500,000 BSF: 5,110 ~ PPBSF: $684 SF: 3,526 ~ PPSF: $992 NOTE FROM BROKER: Congrats to @BirdsOfAFeatherBK, the perfect buyers for a truly remarkable and beautiful building that was recently featured in the NY Times -- https://www.nytimes.com/2020/10/30/realestate/william-ulmer-brewery-brooklyn.html! Their intent to respect the existing beauty of the space while renovating it to it's full potential will go very well their delicious food and impeccable design! This was a longer-than-normal process for the commercial branch of the Horne Team. It involved the hiring of zoning architects and attorneys to present before the LPC and DCP concerning a 74-711 special permit, as well as digging through the code for various buyers and brokers possible uses, but eventually the property ended up where it belongs, and at a good price for the owners as well! Between resi and commercial the Horne-Team had two closings, two contracts, and three accepted offers totaling $26.5M.5 this week, as well as two new listings going up today. Feel free to reach out with any questions: 📧 [email protected] 📱 706-255-5657

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Address31 Belvidere Street

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