SKW Funding Acquires Development Site In Greenpoint, Brooklyn For $70M

The development site located at 18 India Street in Greenpoint, Brooklyn has been sold for a total of $70,000,000. The property encompasses a total area of 650,000 square feet.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $70,000,000
• Address: 18 India Street, Greenpoint, Brooklyn

The buyer of the property was SKW Funding, while Seven Valleys acted as the seller in this transaction. The deal was facilitated by Gary Phillips, Will Silverman, Grant Frankel, and Jeff Organisciak from Eastdil Secured.