Michael Pitman Acquires Development Site In Williamsburg From The Nunziata Family For $1.93M

Located at 25 Conselyea St. in Williamsburg, this development site was recently sold in a closed transaction. The property is zoned as R6B and offers great potential for future development.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,930,000
• Address: 25 Conselyea St., Williamsburg
• Market: Williamsburg
• Zoning: R6B

The buyer of the property is Michael Pitman, while the seller is The Nunziata Family. The deal was facilitated by brokers Danny Duffoo from Douglas Elliman and Michal Kuras from William Green RE. The transaction took place on November 5, 2021.

The asking price for the property was $2,200,000, and it was sold for $1,930,000. The property offers a buildable square footage of 5,000, with a price per buildable square foot of $386.