Dmitriy Slobodyansky Acquires Cobble Hill Development Site For $5.05M

A development site located at 232 Smith Street in Cobble Hill, Brooklyn has been sold for a price of $5,050,000. The property offers a buildable square footage (BSF) of 10,000 and a price per buildable square footage (PPBSF) of $505. This prime development opportunity is situated in the vibrant market of Cobble Hill.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $5,050,000
• Address: 232 Smith Street
• Market: Cobble Hill, Brooklyn
• BSF: 10,000
• PPBSF: $505

Dmitriy Slobodyansky has acquired the development site, facilitated by the representation of Victor Sozio, Sean R. Kelly, Nicole Daniggelis, and Stephen Vorvolakos from Ariel Property Advisors. These brokers played a key role in orchestrating the successful sale of the property.