Adam Friedman Acquires Shared-Wall Development Site In Greenwood Heights For $1.45M

The asset involved in this transaction is a shared-wall development site located at 200 18th Street in Greenwood Heights, Brooklyn. The sale concluded at a price of $1,450,000 for a lot measuring 23 feet by 100.33 feet, resulting in a building square footage of 4,615 and a price per square foot of $314.

Summary of transaction details:

• Property Type: Shared-Wall Development Site
• Transaction Amount: $1,450,000
• Building Square Feet: 4,615
• Price Per Building Square Foot: $314
• Lot Dimensions: 23 ft x 100.33 ft
• Buyer: Adam Friedman
• Seller: Alex Oliver
• Broker Representatives: Derek Bestreich, Luke Sproviero, Adam Lobel, Donal Flaherty, Toby Waring, Samantha Katz & Alon Kahan - Investment Property Realty Group (IPRG)

This transaction was facilitated by a team of brokers from Investment Property Realty Group, showcasing the collaborative effort involved in bringing together the buyer, Adam Friedman, and the seller, Alex Oliver, in completing this development site sale.