AbeCo Organization pays $3.8M to Mark Gerbush for commercial property in Park Slope

Abe Betesh’s AbeCo Organization through the entity 200 Plaza LLC paid Mark Gerbush’s MG Partnership, Inc. $3.8 million for 198 5th Avenue, 200 5th Avenue in Park Slope. The deal closed on August 5, 2020, and was recorded on August 20, 2020. The transaction consists of 2 parcels, including the tax class two-story or store and office (K2). The parcels have total development potential of 13,105 square feet.
The average sale price per square foot is $286.

The contract date was June 4, 2020. The signatory for the buyer was Abe Betesh

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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