Arik Bar Chaim Acquires Development Site In Greenpoint, Brooklyn For $2M

A development site located at 110 Eckford Street in Greenpoint, Brooklyn has been sold for $2,000,000. The property spans a total of 5,000 square feet and has a price per buildable square foot (PPBSF) of $400. The transaction took place on October 1, 2021.

Summary of Transaction Details:

• Property Type: Development Site
• Transaction Amount: $2,000,000
• Address: 110 Eckford Street, Greenpoint, Brooklyn
• Market: Greenpoint, Brooklyn
• Buyer: Arik Bar Chaim
• Seller: Joanna Skalski
• Brokers: Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky, and Corey Haynes from Bestreich Realty Group (BRG)
• BSF: 5,000
• PPBSF: $400

The deal was facilitated by Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky, and Corey Haynes from Bestreich Realty Group (BRG). Their expertise and guidance contributed to the successful sale of the development site.