Guy Peleg pays $5.3M for Grand Avenue property in East Williamsburg

Guy Peleg through the entity 711-717 Grand LLC paid Judy Levine’s Wesley Properties, Inc. $5.3 million for 717 Grand Street in East Williamsburg. The deal closed on September 4, 2020, and was recorded on October 2, 2020. The transaction consists of 1 parcel, including the tax class primarily two family with store or office (S2) and containing 2 residential units. The property is 1,376 square feet. The parcel(s) have total development potential of 19,976 square feet.
The average sale price per square foot is $264.

The contract date was January 23, 2020.

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