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Jake Fuller Acquires Development Site In Crown Heights, Brooklyn For $1.7M

Property Image
SOLD
$1,700,000
Alexandre (Alex) Goulet
Anand Melwani

New York

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Development Site102,010 SF
Sold 02/06/2020
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Property Image
SOLD

Jake Fuller Acquires Development Site In Crown Heights, Brooklyn For $1.7M

1042 President St, Brooklyn, NY 11225, USA

See Similar Deals
Development Site102,010 SF
Sold 02/06/2020
Alexandre (Alex) Goulet
Anand Melwani
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$16
Total Square Footage:102,010 SF
Transaction Type:Sale

The development site located at 1042 President Street in Crown Heights, Brooklyn has been sold in an off-market transaction for a sale price of $1,700,000. The property spans approximately 10,000 buildable square feet and has a buildable square footage (BSF) of 10,201. The price per buildable square foot (PPBSF) stands at $166.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $1,700,000
  • Address: 1042 President Street, Crown Heights, Brooklyn
  • Market: Crown Heights, Brooklyn
  • Buildable Square Footage: 10,201
  • Price per Buildable Square Foot: $166

The seller of the property was Jimmy Nunez, and the buyer was Jake Fuller. The transaction was facilitated by brokers Alexandre Goulet and Anand Melwani, who represented the respective parties involved in the deal.

Players

Alexandre (Alex) Goulet
Landair Advisors
Alexandre Goulet
44 deals$161.2M volume
BROKER
Anand Melwani
Landair Advisors
Anand Melwani
41 deals$168.7M volume(516) 658-1222
BROKER
Arm Real Estate Group
Arm Real Estate Group
BROKERAGE

Details

SOLD
IMAGE: Anand Melwani & Alexandre Goulet DATE: 02/06/2020 ADDRESS: 1042 President Street MARKET: Crown Heights, Brooklyn ASSET TYPE: Development Site SALE PRICE: $1,700,000 BSF: 10,201 PPBSF: $166 SELLER: Jimmy Nunez BUYER: Jake Fuller BROKERS: Alexandre Goulet & Anand Melwani NOTE: Sold in an off-market transaction, the property has approximately 10,000 buildable SF.

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