Abraham Betesh pays $4.8M to Rosemawr for school development in Gravesend

Abraham Betesh through the entity 166 Plaza LLC paid Rosemawr Management’s RM Brooklyn LLC $4.8 million for 166 Kings Highway in Gravesend. The deal closed on March 24, 2021 and was recorded on April 5, 2021. The transaction consists of 1 parcel, including the tax class miscellaneous educational (W9). The property is 34,975 square feet. There is an active development for a 34,813-square-foot school, with plans filed in 2018 and permitted in 2019.
The average sale price per square foot is $137.

The contract date was January 25, 2020.
Over the past five years, there have been 4 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $375,000.

There has been one demolition project filed for the parcels over the past five years.

Direct link to Acris document. link
The signatory for the buyer or lender was Abraham Betesh