Pearl Garfinkel pays $15.2M to Aurora, Adjmi for retail in Gravesend

Pearl Garfinkel through the entity Garfam Bay LLC paid Aurora Capital Associates, Adjmi family and ACHS Management’s 6817 Bay Parkway LLC $15.2 million for 6831 Bay Parkway and 6817 Bay Parkway in Gravesend. The deal closed on December 21, 2020 and was recorded on January 21, 2021. The transaction consists of 2 parcels, including the tax class one-story store building (K1) The parcel(s) have total development potential of 12,987 square feet.
The average sale price per square foot is $1,167.

The signatory for the sellers was Bobby Cayre of Aurora. The contract date was September 24, 2020. The last time the property sold was February 9, 2010 for $4,533,100.
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.

Direct link to Acris document. link
The signatory for the buyer or lender was Pearl Garfinkel