Sarah Lichtman pays $16M to Abraham Brodt for property in Flatbush

Sarah Lichtman through the entity 425 Coney Island Realty LLC paid Abraham Brodt’s 425 Coney Island LLC $16.0 million for 425 Coney Island Avenue in Flatbush. The deal closed on December 16, 2019, and was recorded on December 19, 2019. The transaction consists of 1 parcel, including the tax class professional-type office building (O7). The property is 19,500 square feet. The parcel(s) have total development potential of 78,198 square feet.
The average sale price per square foot is $205.

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