Watermark Capital Acquires Development Site In Downtown Brooklyn For $15M

Located at 144 Saint Felix Street in Downtown Brooklyn, the property involved in the transaction is a Development Site. The sale price for the asset was $15,000,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $15,000,000
• Buyer: Watermark Capital
• Seller: Hanson Place Central United Methodist Church
• Buyer's Representatives: Caroline Hodes, Daniel O'Brien & Robbie Ferman - Newmark
• Seller's Representative: Geoffrey Newman - Savills
• Date: 06/27/2024
• Market: Downtown Brooklyn

The deal's key individuals and companies involved in the transaction include Watermark Capital as the buyer and Hanson Place Central United Methodist Church as the seller. The buyer's representatives were Caroline Hodes, Daniel O'Brien, and Robbie Ferman from Newmark, while Geoffrey Newman from Savills represented the seller.