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Mike Nickleson Purchases Development Site At 112 Huron Street From Marylee Robert For $2.125M

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SOLD
$2,125,000

New York

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Development Site1,512 SF
Sold 12/06/2024
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Property Image
SOLD

Mike Nickleson Purchases Development Site At 112 Huron Street From Marylee Robert For $2.125M

112 Huron Street

See Similar Deals
Development Site1,512 SF
Sold 12/06/2024
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$1,405
Total Square Footage:1,512 SF
Transaction Type:Sale

The property asset involved in the transaction is a development site located at 112 Huron Street in the Brooklyn market. The sale price for this asset was $2,125,000, with a building square footage (BSF) of 5,000 and a price per building square foot (PPBSF) of $425. The site features a total square footage (SF) of 1,512, translating to a price per square foot (PPSF) of $1,405.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $2,125,000
  • Address: 112 Huron Street
  • Market: Brooklyn
  • BSF: 5,000
  • PPBSF: $425
  • SF: 1,512
  • PPSF: $1,405
  • Buyer: Mike Nickleson
  • Seller: Marylee Robert
  • Broker: Nathan Horne - Compass

The deal involved significant negotiation, with the Horne Team receiving 12 offers from a list of 15 potential buyers. Notably, three offers were at or above $400/BSF. The broker, Nathan Horne, emphasized that the ownership preferred a private sale period, and those interested in similar off-market opportunities may contact him directly.

Players

Nathan Horne
Compass
Nathan Horne
27 deals$211.7M volume(706) 255-5657
BROKER

Details

SOLD
IMAGE: Nathan Horne DATE: 12/06/2024 ADDRESS: 112 Huron Street MARKET: Brooklyn ASSET TYPE: Development Site BUYER: Mike Nickleson SELLER: Marylee Robert BROKER: Nathan Horne (@Horne.Team) - Compass (@Compass) SALE PRICE: $2,125,000 BSF: 5,000 ~ PPBSF: $425 SF: 1,512 ~ PPSF: $1,405 NOTE FROM BROKER: Horne Team is happy to report the off-market sale of 112 Huron Street, a 2,500 SF lot in Greenpoint. Ownership preferred a private period upfront so we started with our list of the 15 most likely purchasers and received 12 offers with 3 at or above $400/BSF. If you would be interested in a quiet sale, or think you should be on the quiet list, please email [email protected] or text 706-255-5657. We have a couple similar sites in contract or coming up soon. Congrats to both of the parties on a relatively seamless transaction!

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