Joel Jacobawaitz Acquires Development Site In Bedford-Stuyvesant For $1.25M

Located in the Bedford–Stuyvesant neighborhood of Brooklyn, the development site at 270 Skillman Street has been sold in a recent transaction. The sale took place on December 7, 2021, with Doron Berenholtz from The Corcoran Group representing the seller, Evans Boateng. The buyer, Joel Jacobawaitz, acquired the property for a sale price of $1,250,000.

Summary of transaction details:

• Property Type: Development Site
• Sale Price: $1,250,000
• Address: 270 Skillman Street
• Market: Bedford–Stuyvesant
• Broker: Doron Berenholtz - The Corcoran Group

The development site has a buildable square footage (BSF) of 4,000, resulting in a price per buildable square foot (PPBSF) of $312. This transaction offers Joel Jacobawaitz the opportunity to develop a property in a sought-after location within Brooklyn. The broker, Doron Berenholtz, is actively seeking more development sites in Brooklyn, Queens, Manhattan, and the Bronx, regardless of size or price.