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Excalibur Equities Acquires 697 Dekalb Avenue Conversion In Brooklyn For $2.4M

697 Dekalb Avenue
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This Mixed-use property located in NY was sold for $2,400,000 almost 6 years ago. The brokers of the deal were Shay Zach and Geraldine Dayan

A conversion property with approved plans located at 697 Dekalb Avenue, New York, Brooklyn was recently sold for $2,400,000. The property spans 9,600 square feet with a price per square foot of $250. The sale took place on June 19, 2018. The transaction was facilitated by Ioni Suarez, the seller from Argentina, and the buyer was Excalibur Equities. The deal was represented by Geraldine Dayan from Compass and Shay Zach from EPIC Commercial Realty.

Summary of transaction details

  • Property Type: Conversion with approved plans
  • Transaction Amount: $2,400,000
  • Square Footage: 9,600
  • Price per Square Foot: $250
  • Address: 697 Dekalb Avenue, New York, Brooklyn
  • Market: Brooklyn
  • Seller: Ioni Suarez (Argentina)
  • Buyer: Excalibur Equities
  • Seller's Broker: Geraldine Dayan - Compass
  • Buyer's Broker: Shay Zach - EPIC Commercial Realty

Shay Zach from EPIC Commercial Realty and Geraldine Dayan from Compass played a significant role in facilitating this transaction. The conversion property at 697 Dekalb Avenue, Brooklyn was successfully sold to Excalibur Equities for $2,400,000. Ioni Suarez, the seller from Argentina, entrusted the representation of the deal to these brokers.

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Deals
  • Location
    697 Dekalb Avenue, Brooklyn, NY, USA697 Dekalb Avenue, Brooklyn, NY, USA
  • Sale Price
    $2,400,000$2,400,000
    $250 PPSF$250 PPSF
  • Area
    9,600 SF9,600 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Shay Zach

Shay Zach

Deals11
Sold$79M

Geraldine Dayan

Geraldine Dayan

Deals1
Sold$2.4M

Agencies

GAIA Property Group

GAIA Property Group

Agency
Deals13
Volume$82M

Compass

Compass

Agency
Deals2900
Volume$20.9B

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Deal Summary

SALE IMAGE: Shay Zach (@Drakonwiz) DATE: 06/19/2018 ADDRESS: 697 Dekalb Avenue CITY: New York MARKET: Brooklyn ASSET TYPE: Conversion with approved plans SELLER: Ioni Suarez (Argentina) BUYER: Excalibur Equities BROKER: @Compass - Geraldine Dayan and @EPICCommercialRealty - Shay Zach PRICE: $2,400,000 SF: 9,600 ~ PPSF: $250

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697 Dekalb Avenue

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