Green Street Group Acquires Development Site On Manhattan Avenue For $14M

A development site located at 1036 Manhattan Avenue in Greenpoint, Brooklyn has been sold for $14 million. The buyer, Green Street Group operating as 170 Freeman LLC, has acquired the property from Marshall Kesten's BK Corners LLC. The parcel, known as V1, offers a total of 44,637 square feet of buildable space with a price per buildable square foot of $314.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $14,000,000
• Buyer: Green Street Group - Joshua Greenberg
• Seller: Marshall Kesten
• Address: 1036 Manhattan Avenue
• Market: Greenpoint, Brooklyn
• Building Square Footage: 44,637
• Price per Buildable Square Foot: $314

Green Street Group, operating as 170 Freeman LLC, has successfully acquired the development parcel at 1036 Manhattan Avenue in Greenpoint, Brooklyn from Marshall Kesten's BK Corners LLC for $14 million. This deal marks an important transaction in the area, further establishing Green Street Group's presence in the real estate market. With a total buildable space of 44,637 square feet, the development site offers significant potential for future development and investment opportunities.