The Shwartz Family Acquires Development Site In Williamsburg, Brooklyn For $6.1M

A development site located at 28 Richardson Street & 30 Richardson Street in Williamsburg, Brooklyn has been sold for a price of $6,100,000. The property spans 8,256 square feet, resulting in a price per square foot of $739.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $6,100,000
• Address: 28 Richardson Street & 30 Richardson Street, Williamsburg, Brooklyn
• Market: Williamsburg, Brooklyn
• Buyer: The Shwartz Family
• Brokers: Lev Mavashev, Ben Normatov & David Marciano of Alpha Realty

The deal was facilitated by Lev Mavashev, Ben Normatov, and David Marciano of Alpha Realty, who represented both the buyer and the seller in the transaction. This sale marks an important transaction in the Williamsburg, Brooklyn market, showcasing the demand for development sites in the area.