CW Realty pays $5.8M to Thomas Hussey for three parcels in Bedford-Stuyvesant
Cheskie Weisz’s CW Realty through the entity 525 Park LLC paid Thomas Hussey’s 537 Park LLC $5.8 million for 537 Park Avenue, 535 Park Avenue, 533 Park Avenue in Bedford-Stuyvesant. The deal closed on August 12, 2020, and was recorded on August 19, 2020. The transaction consists of 3 parcels, including the tax class retail building with apartments above (K4). The parcel(s) have total development potential of 33,084 square feet.
The average sale price per square foot is $175.
Park Avenue Building & Roofing Supplies was one of the selling entities.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
A recent story on the property. Cheskie Weisz”
