Updated Sep 17, 2026
The Telyas Family Acquires Development Site At 150 Green Street From Pascal Zaugg For $25.55M
150 Green Street
$25,550,000
$1,485/SF
Building Size
17,200 SF
Asset Type
Development Site
Closing
Jun 30, 2026
About this deal
AI
The property asset involved in this transaction is a development site located at 150 Green Street in Brooklyn. It was sold for a total price of $25,550,000, with a total building square footage of 51,645 and a price per building square foot of $494. The site has a substantial square footage of 17,200, translating to a price per square foot of $1,485.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $25,550,000
- Address: 150 Green Street
- Market: Brooklyn
- BSF: 51,645
- PPBSF: $494
- SF: 17,200
- PPSF: $1,485
- Buyer: The Telyas Family
- Seller: Pascal Zaugg
- Brooks: Lev Mavashev, Eli Yusupov & Yehuda Leser - Alpha Realty
The transaction involved key individuals including the buyer, The Telyas Family, and the seller, Pascal Zaugg. The brokers facilitating this deal were Lev Mavashev, Eli Yusupov, and Yehuda Leser from Alpha Realty, representing the involved parties in the transaction.
Players
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93