Yossel Lichtman Acquires Vacant Lot At 54 Milton Street Brooklyn From Jack Guttman For $25.6M

A vacant lot was sold at 54 Milton Street, located in the Brooklyn market. The asset type is land, with the sale finalized for $25.6 million. This transaction involves a strategic acquisition for future development.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $25,600,000
• Buyer: Yossel Lichtman
• Seller: Jack Guttman - Pearl Realty Management
• Acquisition Company: Seventy West Realty LLC
• Seller's Agent: 72 West LLC

Yossel Lichtman is positioned to proceed with ground-up development plans for the vacant lot acquired from Pearl Realty Management, represented in the transaction by 72 West LLC.