Gary Segal, associated with Oceangate Family Holdings LLC, has purchased a development site located at 2713 West 33rd Street in Coney Island, Brooklyn. The property was sold by Starrett Companies represented by David Goldban. The sale price for the site was $22,650,000, with a price per square foot (PPSF) of $57. The property has a total buildable square footage (BSF) of 400,000, making it suitable for an affordable housing project.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $22,650,000
• Buyer: Gary Segal - Oceangate Family Holdings LLC
• Seller: Starrett Companies - David Goldban
• Address: 2713 West 33rd Street, Coney Island, Brooklyn
• Market: Coney Island, Brooklyn
• BSF: 400,000
• PPBSF: $57

Note: The buyer, Gary Segal, has acquired the development site for $22.6 million. There are currently no plans for development filed for the property, which has a substantial 400,000 sq ft of development rights available for an affordable housing project.