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$7.2M Industrial Property Sold In East Flatbush, Brooklyn

5701 Foster Avenue
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This Industrial property located in NY was sold for $7,200,000 over 3 years ago. The brokers of the deal were Robert (Rob) Finnerty, Dan Marks, Ofer Cohen, Daniel (Dan) Lebor, Adam Tannenbaum, and A.j. Dorn

The industrial property located at 5701 Foster Avenue in East Flatbush, Brooklyn, has been sold for a price of $7,200,000. The property spans an area of 31,680 square feet, resulting in a price per square foot of $227. The zoning classification for this property is M1-1, and it has lot dimensions of 165 ft x 200 ft. The property falls under tax class 4 and was previously sold for $2,500,000 with a price per square foot of $78.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,200,000
  • Square Footage: 31,680
  • Price per Square Foot: $227
  • Zoning: M1-1
  • Lot Dimensions: 165 ft x 200 ft
  • Tax Class: 4
  • Last Sale Price: $2,500,000
  • Last Sale Date: [DATE]

Ofer Cohen, Dan Marks, Daniel Lebor, Adam Tannenbaum, and Robert Finnerty were involved in the transaction as representatives for . They played a significant role in facilitating the deal but do not directly represent the buyer or seller.

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Deals
  • Location
    5701 Foster Ave, Brooklyn, NY 11234, USA5701 Foster Ave, Brooklyn, NY 11234, USA
  • Sale Price
    $7,200,000$7,200,000
    $22 PPSF$22 PPSF
  • Area
    316,800 SF316,800 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    6 Brokers, 3 Agencies6 Brokers, 3 Agencies

Agents

Ofer Cohen

Ofer Cohen

Deals24
Financed$557.4M

Daniel (Dan) Lebor

Daniel (Dan) Lebor

Deals37
Financed$615.4M

A.j. Dorn

A.j. Dorn

Deals3
Sold$40.7M

Adam Tannenbaum

Adam Tannenbaum

Deals7
Sold$64.4M

Dan Marks

Dan Marks

Deals39
Financed$597.5M

Agencies

Ripco

Ripco

Agency
Deals629
Volume$4.2B

Terra CRG

Terra CRG

Agency
Deals235
Volume$2.8B

Newmark

Newmark

Agency
Deals3893
Volume$397.4B

Deal Summary

SALE IMAGE: Ofer Cohen, Dan Marks, Daniel Lebor, Adam Tannenbaum & Robert Finnerty DATE: 07/08/2020 ADDRESS: 5701 Foster Avenue MARKET: East Flatbush, Brooklyn ASSET TYPE: Industrial SALE PRICE: $7,200,000 SF: 31,680 PPSF: $227 ZONING: M1-1 LOT DIMENSIONS: 165 ft x 200 ft TAX CLASS: 4 LAST SALE PRICE: $2,500,000 ($78 PSF) LAST SALE DATE: […]

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5701 Foster Avenue

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