Charline Juilsaint Sells Development Site At 155-161 Veronica Place Brooklyn For $3.5M
155 Veronica Place, 159 Veronica Place & 161 Veronica Place
$3,500,000
$659/SF
Building Size
5,304 SF
Asset Type
Development Site
Closing
Jun 23, 2025
AI
A development site consisting of three parcels located at 155, 159, and 161 Veronica Place in Brooklyn, NY, has been sold. The total buildable square footage for the site is approximately 27,000, and the transaction was completed for a price of $3,500,000, equating to a price per buildable square foot of $132.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,500,000
- Address: 155 Veronica Place, 159 Veronica Place & 161 Veronica Place
- Market: Brooklyn
- Buildable Square Feet: 27,000
- Price per Buildable Square Foot: $132
- Seller: Charline Juilsaint
- Brokers: Peter Matheos, Isaiah Thomas & Nazaih Arroyo - Matheos Realty Group
The deal was facilitated by the broker representatives from Matheos Realty Group, including Peter Matheos, Isaiah Thomas, and Nazaih Arroyo, who effectively managed the transaction for the seller, Charline Juilsaint.
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93