Shiya Labin pays $29.5M to American Stock Transfer & Trust Co. for office property in Kensington

Shiya Labin through the entity 6201 BSD LLC paid the American Stock Transfer & Trust Co.’s Armor Holding II LLC $29.5 million for the office building at 6201 15th Avenue and the vacant parcel at 6310 15th Avenue in Kensington, Brooklyn. The deal closed on August 6, 2020, and was recorded on August 14, 2020. The transaction consists of 2 parcels, including the tax class office building with commercial with one to six stories (O5). The property is 147,520 square feet. The parcel(s) have total development potential of 155,912 square feet.
The average sale price per square foot is $189.

The contract date was June 9, 2020. The signatory for the seller was American Stock Transfers’s (also known as AST Financial) general counsel Asher Richelli.

The seller was represented by TerraCRG’s Ofer Cohen, Dan Marks, Daniel Lebor and Adam Tannenbaum.

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 $354,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

Clarification: The seller’s broker was added.

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