The Schwartz Family Acquires Development Site On Fulton Street In New York City For $3.55M

The development site located at 2795 Fulton Street in New York City has been sold in a recent transaction. The property, an attractive asset for potential development, was sold for a price of $3,550,000.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $3,550,000
• Date: 04/26/2023
• Address: 2795 Fulton Street, New York City
• Market: New York City

The buyer of the property is The Schwartz Family, while the seller is The Cohen Family. The deal was facilitated by the experienced broker team of Josh Lipton, Andrew Levine, and Jax Hindmarch, who represent Invictus Property Advisors.

This successful transaction marks another significant investment in the development potential of New York City. It reflects the confidence and interest of both buyers and sellers in the city's real estate market.