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130 Saint Felix Street

Quinlan Development Group Purchases Development Site From Gotham Organization For $22 Million
SOLDDevelopment Site

Quinlan Development Group Purchases Development Site From Gotham Organization For $22 Million

130 Saint Felix Street

$22,000,000

$152/SF

Building Size

144,717 SF

Asset Type

Development Site

Closing

Apr 7, 2026

AI

The asset involved in this transaction is a development site located at 130 Saint Felix Street in the Fort Greene market. The site was transacted for a price of $22,000,000.

Summary of transaction details:

The transaction involved key representatives from Newmark, with Daniel O'Brien, Caroline Hodes, Henry Hill, and Loren Valla serving as brokers throughout the process, facilitating the deal between Quinlan Development Group and Gotham Organization.

Players

Caroline Hodes

Newmark

Broker

$1.8B

vol

94 deals

Broker
QG
Quinlan Development GroupBuyer
GO
Gotham OrganizationSeller

Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.72%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93