Shimon Kleinman Acquires Development Site In Fort Greene, Brooklyn For $13.5M

The development site located at 155 South Elliott Place in Fort Greene, Brooklyn has been sold in a recent transaction. The property is a development site with an impressive buildable square footage (BSF) of 50,672. The transaction, which took place on 12/28/2023, involved a sale price of $13,500,000. The price per buildable square footage (PPBSF) for this property is $266.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $13,500,000
• Address: 155 South Elliott Place, Fort Greene, Brooklyn
• Market: Fort Greene, Brooklyn
• Buyer: Shimon Kleinman
• Seller: Slate Property Group
• Brokers: Daniel O'Brien & Caroline Hodes - Newmark

Shimon Kleinman has acquired the development site located at 155 South Elliott Place. The buyer was represented by Daniel O'Brien and Caroline Hodes from Newmark. On the other hand, Slate Property Group acted as the seller in this transaction.