Chaim Rosenwasser paid $19M to Gedaliah Zlotowitz

Chaim Rosenwasser through the entity 4401 Aegvv LLC paid Gedaliah Zlotowitz’s Mesorah Publications Ltd. $18.5 million for 3 parcels, including the tax class special construction, fireproof manufacturing building such as for printing plant, etc. (F2) at 214 44 Street, 45 Street, 4401 2 Avenue in Sunset Park. The deal closed on June 13, 2019 and was recorded on July 24, 2019. The parcel(s) have total development potential of 54,375 square feet.
The average sale price per square foot is $403.
The estimated cap rate is 2.0%

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