Daniel Kaykov's Poise Property Group Acquires Development Site In Brooklyn For $4.2M

A development site located at 102-104 Huron Street in Brooklyn, New York, has been sold for a price of $4,200,000. The property, spanning over 5,000 square feet, features lot dimensions of 50 ft. x 100 ft. With a buildable square footage (BSF) of 10,000 square feet, the price per buildable square foot (PPBSF) amounts to $420.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $4,200,000
• LOT SF: 5,000
• LOT DIMENS: 50 ft. x 100 ft.
• BSF: 10,000
• PPBSF: $420
• Seller: Mohammad Rana
• Buyer: Daniel Kaykov
• Buyer's Broker: Poise Property Group - BRG
• Brokers: Luke Sproviero and Donal Flaherty (BRG - Bestreich Realty Group)

The buyer, Daniel Kaykov, represented by Poise Property Group, acquired the development site from the seller, Mohammad Rana. The transaction was facilitated by brokers Luke Sproviero and Donal Flaherty of BRG - Bestreich Realty Group.