Erik Ekstein Acquires Development Site In Bushwick For $16.7M

A development site located at 1333 Broadway in Bushwick, Brooklyn has been sold in a closed transaction. The property was listed with an asking price of $17,000,000 and was ultimately sold for $16,695,000. The site has a total buildable square footage (BSF) of 129,477, which translates to a price per buildable square foot (PPBSF) of $129.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $16,695,000
• Address: 1333 Broadway, Bushwick, Brooklyn
• Market: Bushwick, Brooklyn
• Asking Price: $17,000,000
• BSF: 129,477
• PPBSF: $129

The seller of the property was Jeremy Markowitz, while the buyer was Erik Ekstein. The transaction was facilitated by three brokers, namely Ryan Lai, Aaron Jungreis, and Mike Kerwin.