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185 Conover Street
SOLD

Diamond Development Group Acquires Development Site In Red Hook, BK For $8.1M

185 Conover Street

Development Site
318,000 SF
clock iconSold 1 year ago
Sean R. Kelly
Michael Korine
Jiani Zhou
+ 5
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Summary

Sale
NEW YORK
Development Site
318,000 sqft

The development site located at 185 Conover St in Red Hook, BK has been sold in a closed transaction. The property, which spans across an area of 31,800 square feet, was acquired by Diamond Development Group for a total amount of $8,100,000. The sale price equates to a price per buildable square foot (PPBSF) of $254.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $8,100,000
  • Address: 185 Conover St
  • Market: Red Hook, BK

The deal was facilitated through the brokerage services of Alena Grummons, Andrew Milbank, and Michael Korine, who represented both the buyer, Diamond Development Group, and the seller. The transaction was handled by Berko & Associates and Ariel PA in collaboration with Sean R. Kelly, Esq. The involvement of these professionals ensured a smooth negotiation process for both parties involved.

Players

  • All

    10

  • Agents

    7

  • Agencies

    3

Sean R. Kelly's profile picture
Sean R. Kelly
Ariel Property Advisors-image
Senior Director
$239.8M Sold
Jiani Zhou's profile picture
Andrew Milbank's profile picture

Details

Deal Summary
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SOLD
IMAGE: Alena Grummons, Andrew Milbank, Michael Korine, Lee Cohen DATE: 12/16/2019 ADDRESS: 185 Conover St MARKET: Red Hook, BK ASSET TYPE: Development Site BUYER: Diamond Development Group @theleecohen BROKERS: Alena Grummons, Andrew Milbank, Michael Korine – Berko & Associates & Ariel PA – Sean R. Kelly, Esq. […] SALE AMOUNT: $8,100,000 BSF: 31,800 / PPBSF: $254

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Address185 Conover Street

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