Jacob Jeremias pays $5M to Zichron Chana foundation for office property in Kensington

Jacob Jeremias through the entity 1318 60Th LLC paid Zichron Chana Charitable Foundation with Charles Katz as Trustee $5.2 million for 1318 60th Street and 1317 61st Street in Kensington. The deal closed on November 19, 2020, and was recorded on December 1, 2020. The transaction consists of 2 parcels, including the tax class office building with two to six stories (O2).

The contract date was July 21, 2020.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $295,400.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA.
The signatory for the buyer or lender was Jacob Jeremias