Investors Close a $29.5 million Deal on Boro Park Office Building

Investors Close a $29.5 million Deal on Boro Park Office Building

Local investors closed a $29.5 million deal for a Boro Park office building at 6205 15th avenue, Crains New York reported. The building was previously owned by a financial service firm, American Stock Transfer and Trust Company.

The deal was brokered by the TerraCRG team led by chief executive Ofer Cohen, Dan Marks, and Daniel Lebor, according to Crains.

American will be leasing back the 151,000 square-foot building from its new owners until June of 2023. The deal also included an 8,400 square-foot parking lot with space for 40 vehicles.

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