Traded NY: 275 Livingston Street November 5, 2018

Traded NY | October 25, 2018

DATE: 10/22/2018
ADDRESS: 275 Livingston Street
MARKET: Downtown Brooklyn
ASSET TYPE: Development Site
SALE PRICE: $14.8M / SF: 43,760 / PPSF: $338
SELLER: Harry Blaustein
BUYER: Abraham Leifer, AVEQ 275 Livingston LLC
BROKERS: Yosef Katz, Zachary Fuchs – GFI Capital
NOTE: The property is currently occupied by a vacant, three-story commercial building, and allows for 43,760 BSF. The buyer plans to commence a redevelopment campaign that will retain part of the existing structure, to recreate the property as a premier commercial facility in Brooklyn’s burgeoning downtown. Situated in Downtown Brooklyn, 275 Livingston benefits from the extensive commercial and resi construction activity underway in neighboring areas.

 

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