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Harry Einhorn Acquires Development Site On Flatbush Avenue For $10M

815 Flatbush Avenue
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This Development Site property located in NY was sold for $10,000,000 over 5 years ago. The brokers of the deal were Edward Gevinski and DJ Johnston

Located at 815 Flatbush Avenue in the Flatbush / Prospects-Lefferts Gardens market, this development site was recently sold for a total price of $10,000,000. The property consists of a total buildable square footage (BSF) of 47,384, with a price per buildable square footage (PPBSF) of $211. The property is zoned as R7A, C2-4, allowing for various potential uses.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $10,000,000
  • Address: 815 Flatbush Avenue
  • Market: Flatbush / Prospects-Lefferts Gardens
  • BSF: 47,384
  • PPBSF: $211
  • Zoning: R7A, C2-4

Representing the seller, PBS One, LLC, was Bill Stathakos. On the buying side was Harry Einhorn. The brokers involved in the transaction were Edward Gevinski of JLL and DJ Johnston of B6. These individuals played crucial roles in facilitating the deal, ensuring a successful transaction between the buyer and seller.

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Deals
  • Location
    815 Flatbush Ave, Brooklyn, NY 11226, USA815 Flatbush Ave, Brooklyn, NY 11226, USA
  • Sale Price
    $10,000,000$10,000,000
    $21 PPSF$21 PPSF
  • Area
    473,840 SF473,840 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

DJ Johnston

DJ Johnston

Deals70
Financed$398.4M

Edward Gevinski

Edward Gevinski

Deals3
Sold$13.8M

Agency


Deal Summary

IMAGE: DJ Johnston and Edward Gevinski DATE: 11/07/2018 ADDRESS: 815 Flatbush Avenue MARKET: Flatbush / Prospects-Lefferts Gardens ASSET TYPE: Development Site SALE PRICE: $10,000,000 BSF: 47,384 / PPBSF: $211 / ZONING: R7A, C2-4 SELLER: PBS One, LLC – Bill Stathakos BUYER: Harry Einhorn BROKERS: Edward Gevinski, now of JLL and DJ Johnston now of B6 […]

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815 Flatbush Avenue

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