Zach of EPIC brokers $995,000 sale of 730 East 32nd Street

Brooklyn, NY EPIC Commercial Realty arranged the sale of a development opportunity located at 730 East 32nd St. in Farragut. The site, situated between Glenwood Rd. and Avenue H, contains a vacant two-story house, consisting of 12,000 s/f of development rights. It is located two blocks from the Flatbush Ave./Brooklyn College 2 and 5 train station. The property is currently built at 2,573 s/f and has additional air rights of 9,427 s/f. “This swift purchase was a tremendous value for a developer. It included a competitive price per square foot and has close proximity to Brooklyn College and Target. This could potentially be developed into a building for student dorms or free market rentals,” said Shay Zach. Farragut is located in the east central section of Brooklyn. It is bordered by East Flatbush and Midwood. The neighborhood access to the 2 and 5 subway lines as well as the Long Island Rail Road. Shay Zach, senior associate broker at EPIC Commercial Realty, was responsible for the sale of this deal for $995,000.