Royal Builders pays $6.2M to Mitchell Hirth for development site in Borough Park

Royal Builders through the entity Ft 5402 LLC paid $6.2 million to Mitchell Hirth through the entity Fort Hamilton Owner LLC for development site (V1) at 5402 Ft Hamilton Parkway in Borough Park, Brooklyn and development site (V1) at 5414 Ft Hamilton Parkway in Borough Park, Brooklyn.
The deal closed on September 17, 2021 and was recorded on September 23, 2021.
(321310808) Plans for a 50,678 square-foot office (B) were filed on April 21, 2017.
The signatory for Mitchell Hirth was Mitchell Hirth. The signatory for Royal Builders was Joshua Markovics.

Within a 400-foot radius of 5402 Ft Hamilton Parkway, Pincusco identified one commercial real estate item of interests occurred over the past 24 months.
It was a permit issued on August 10, 2020 for the $960,000 renovation of 5,478-square-foot R-2 building with four residential units at 966 55th St.

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