Douglaston Development Acquires Development Site On Atlantic Avenue In Brooklyn For $66M | 1057 Atlantic Avenue | Ofer Cohen, Daniel (Dan) Lebor, Dan Marks | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

46,000 sqft

A development site located at 1057 Atlantic Avenue in Brooklyn has been sold for a price of $66,000,000. The site spans 46,000 square feet and has a buildable square footage of 474,000.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $66,000,000
Address: 1057 Atlantic Avenue
Market: Brooklyn
Buyer: Douglaston Development - Jeff Levine & Jed Resnick
Seller: BEB Capital - Lee Brodsky & TOTEM - Tucker Reed
Brokers: Ofer Cohen, Daniel Lebor & Dan Marks - Terra CRG
SF: 46,000
BSF: 474,000

The buyer of the property is Douglaston Development, represented by Jeff Levine and Jed Resnick. The seller of the property is BEB Capital, represented by Lee Brodsky and TOTEM, represented by Tucker Reed. The deal was facilitated by brokers Ofer Cohen, Daniel Lebor, and Dan Marks from Terra CRG.

Players

All
4

Agents
3
Agencies
1

$557.4M Sold

$621.3M Sold

$599.2M Sold

Details

Deal Summary

SOLD

IMAGE: Jeff Levine, Jed Resnick, Lee Brodsky, Tucker Reed, Ofer Cohen, Daniel Lebor & Dan Marks DATE: 05/26/2023 ADDRESS: 1057 Atlantic Avenue MARKET: Brooklyn ASSET TYPE: Development Site BUYER: Douglaston Development - Jeff Levine & Jed Resnick SELLER: BEB Capital - Lee Brodsky & TOTEM (@TotemBrooklyn) - Tucker Reed BROKERS: Ofer Cohen, Daniel Lebor & Dan Marks (@BrooklynDanny) - Terra CRG (@TerraCRG) SALE PRICE: $66,000,000 SF: 46,000 BSF: 474,000

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Address1057 Atlantic Avenue

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