YBW Realty Acquires Development Site On Greenpoint Avenue In $2.1M Deal

A development site located at 193 Greenpoint Avenue in Greenpoint has been sold. The property, with a lot size of 25 ft x 100 ft, is zoned for R6A and C2-4. The transaction took place on August 30, 2021. The development site was sold for a price of $2,100,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,100,000
• Address: 193 Greenpoint Avenue
• Market: Greenpoint
• Zoning: R6A, C2-4

The buyer of the property is YBW Realty represented by Barry Wagschal. The seller is Steve Hansen. The deal was facilitated by brokers Luke Sproviero, Donal Flaherty, and Hakeem Lecky from Bestreich Realty Group.

The development site has a buildable square footage of 7,500. The price per buildable square footage is $280.