Development Site At 100 North 10th Street In Williamsburg Sold For $9.2 Million

The asset involved in the transaction is a development site located at 100 North 10th Street in Williamsburg, Brooklyn. The sale price for the property was $9,200,000, which equates to a building square footage (BSF) of 15,576 and a price per building square footage (PPBSF) of $590. The total square footage (SF) of the site is 5,192, resulting in a price per square foot (PPSF) of $1,771.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $9,200,000
• Address: 100 North 10th Street
• Market: Williamsburg, Brooklyn
• BSF: 15,576
• PPBSF: $590
• SF: 5,192
• PPSF: $1,771

The transaction was facilitated by brokers Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura, and Sal Monteverde, all representing Investment Property Realty Group (IPRG).