Joshua Greenberg Acquires Development Site In Clinton Hill For $1.55M From Seller Dalan Management

Joshua Greenberg has acquired a development site in Clinton Hill, located at 132 Waverly Avenue. The property, with a lot size of 22.5 ft x 200 ft, is zoned R6B, making it suitable for development. The transaction took place on March 1, 2021, with a sale price of $1,550,000. The building's square footage (BSF) is 11,500, resulting in a price per square foot (PPBSF) of $134.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,550,000
• Address: 132 Waverly Avenue, Clinton Hill
• Market: Clinton Hill
• Zoning: R6B

Dalan Management was the seller in this transaction, while Joshua Greenberg served as the buyer. The buyer's representatives were DJ Johnston and John Barney from B6 Real Estate Advisors, while Shaun Riney and Andrew Bronsteen (NYM Team) - Marcus & Millichap represented the seller. It is worth noting that this acquisition is part of the Green Street Group's ongoing efforts to acquire land in Opportunity Zones in Brooklyn. They are specifically interested in land priced between $2.5 million to $8 million. For any potential opportunities, you can reach out to Joshua Greenberg at [email protected].