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155 Veronica Place

Charline Juilsaint Sells Development Site At 155-161 Veronica Place Brooklyn For $3.5M
SOLDDevelopment Site

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

Isaiah Thomas

Matheos Realty Group

Broker

$76.9M

vol

17 deals

Broker
Matheos Realty Group
Matheos Realty GroupBrokerage

Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

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