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191, 195, 199, 201, 203, 208, 215, 216, 228, 247 Moore Street & 232 Seigel Street
SOLD

Bungalow Projects & Bain Capital Acquire Development Site In Bushwick, Brooklyn For $41.3M

191, 195, 199, 201, 203, 208, 215, 216, 228, 247 Moore Street & 232 Seigel Street

Development Site
clock iconSold 187 days ago
Daniel (Dan) O'Brien
Caroline Hodes
David Behin
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Summary

Sale
NEW YORK
Development Site

The development site located at 191, 195, 199, 201, 203, 208, 215, 216, 228, 247 Moore Street & 232 Seigel Street in Bushwick, Brooklyn, has been sold in a recent transaction. The property was purchased by Bungalow Projects & Bain Capital from Fortress Investment Group & Abraham Leifer. The sale was facilitated by Daniel O'Brien, Caroline Hodes, and David Behin of Newmark. The sale price for the property was $41,300,000, with a building square footage (BSF) of 202,884 and a price per building square footage (PPBSF) of $204.

Summary of Transaction Details:

  • Property Type: Development Site
  • Transaction Amount: $41,300,000
  • Address: 191, 195, 199, 201, 203, 208, 215, 216, 228, 247 Moore Street & 232 Seigel Street, Bushwick, Brooklyn
  • Market: Bushwick, Brooklyn
  • Buyer: Bungalow Projects & Bain Capital
  • Seller: Fortress Investment Group & Abraham Leifer
  • Brokers: Daniel O'Brien, Caroline Hodes, and David Behin - Newmark
  • Building Square Footage (BSF): 202,884
  • Price per Building Square Footage (PPBSF): $204

The involvement of Bungalow Projects, Bain Capital, Fortress Investment Group, Abraham Leifer, and the brokers Daniel O'Brien, Caroline Hodes, and David Behin from Newmark contributed to the completion of this successful transaction.

Players

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    4

  • Agents

    3

  • Agencies

    1

Daniel (Dan) O'Brien's profile picture
Daniel (Dan) O'Brien
Newmark-image
Executive Managing Director
$2.7B Sold
Caroline Hodes's profile picture

Details

Deal Summary
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SOLD
IMAGE: David Behin, Daniel O'Brien & Caroline Hodes DATE: 01/05/2024 ADDRESS: 191, 195, 199, 201, 203, 208, 215, 216, 228, 247 Moore Street & 232 Seigel Street MARKET: Bushwick, Brooklyn ASSET TYPE: Development Site BUYER: Bungalow Projects & Bain Capital SELLER: Fortress Investment Group & Abraham Leifer BROKERS: Daniel O'Brien, Caroline Hodes (@CarolineHodes) & David Behin - Newmark (@Newmark) SALE PRICE: $41,300,000 BSF: 202,884 ~ PPBSF: $204

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Address191, 195, 199, 201, 203, 208, 215, 216, 228, 247 Moore Street & 232 Seigel Street

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