Michael Hamroff & Zion Levi Sell Development Site In Brooklyn For $7,891,875 With Matthew Peters As The Broker

The property involved in this transaction is a development site located at 2425 Atlantic Avenue, Brooklyn. The asset was sold for $7,891,875, encompassing a building size of 29,000 square feet. The property's building square footage (BSF) is 98,185, resulting in a price per building square foot (PPBSF) of $80, and a price per square foot (PPSF) of $272.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $7,891,875
• BSF: 98,185
• PPBSF: $80
• SF: 29,000
• PPSF: $272
• Seller: Michael Hamroff & Zion Levi
• Broker: Matthew Peters - Marcus & Millichap
• Date of Transaction: 10/28/2025

This transaction was facilitated by broker Matthew Peters from Marcus & Millichap, who represented the sellers, Michael Hamroff and Zion Levi, in this deal. The completion date of this transaction was noted as October 28, 2025.