Ariel Shalom Acquires Development Site On Quincy St In Bedford-Stuyvesant For $2.5M

Located in the Bedford-Stuyvesant market, a development site at 151 Quincy St has been sold for $2,500,000. Spanning 9,155 square feet, the property was acquired by Ariel Shalom from Seymour Smith. The sale was facilitated by brokers Shaun Riney and Dan Greenblatt from Marcus & Millichap. With a price per square foot of $273, this transaction marks a significant deal in the neighborhood.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,500,000
• Address: 151 Quincy St
• Market: Bedford-Stuyvesant

Ariel Shalom emerges as the buyer in the acquisition of 151 Quincy St, while Seymour Smith assumes the role of the seller. Representing the deal, Shaun Riney and Dan Greenblatt from Marcus & Millichap successfully brokered the transaction. The sale of this development site highlights the growth and potential in the Bedford-Stuyvesant real estate market.