Angelo Rigaspark Acquires Park Slope Development Site For $33M

Located in Park Slope, the development site at 263 Prospect Avenue has recently been sold for a staggering $33,000,000. The property spans 150,000 square feet, with a price per buildable square foot (PPBSF) of $220. The transaction took place on June 24, 2021.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $33,000,000
• Address: 263 Prospect Avenue, Park Slope
• Market: Park Slope
• Seller: Alice Halkias
• Seller's Representative: Cushman & Wakefield - Dan O'Brien, George Giannopoulos, Caroline Hodes & Casey Begoon
• Buyer: Angelo Rigaspark

The deal was facilitated by Dan O'Brien, George Giannopoulos, Caroline Hodes, and Casey Begoon from Cushman & Wakefield. Their expertise and representation were instrumental in the successful completion of the transaction.