Adam Semler pays $2.5M for retail property in Prospect Heights

Adam Semler through the entity Or 66 Sixth, LLC paid Andrew Hirsch’s Bz 66 LLC $2.5 million for 479 Bergen Street in Prospect Heights. The deal closed on September 22, 2020, and was recorded on October 16, 2020. The transaction consists of 1 parcel, including the tax class retail building with apartments above (K4) and containing 3 residential units. The property is 4,606 square feet. The parcel(s) have total development potential of 5,466 square feet.
The average sale price per square foot is $457.

The contract date was June 8, 2020.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $28,500.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Adam Semler