Jack Basch, Jack Guttman sell Kensington industrial for $13.2M

The entity MMark 2018 LLC paid Jack Basch and Jack Guttman’s 1523 63rd Street LLC $13.2 million for 1529 62nd Street in Kensington, Brooklyn. The deal closed on October 15, 2020 and was recorded on December 23, 2020. The transaction consists of 1 parcel, including the tax class semi-fireproof manufacturing building (F4)The property is 37,200 square feet.
The average sale price per square foot is $356. The signatory for the buyer was Jeffrey Goldstein,

The contract date was January 30, 2020. The last time the property sold was March 5, 2013 for $3,000,000.
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.

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