Cheskie Weisz Acquires Williamsburg Development Site For $16.5M

A development site located at 280 Meeker Ave. and 644-646 Lorimer St. in Williamsburg has been sold for $16,500,000. The property, with a total square footage of 48,805, was sold by Justin Palmer to Cheskie Weisz. The asking price for the site was $16,800,000, and the price per square foot was approximately $338. The transaction took place on March 26, 2020. Brokers Josh Lipton and Andrew Levine from Invictus Property Advisors represented the buyer and seller in the deal.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $16,500,000
• Address: 280 Meeker Ave. & 644-646 Lorimer St.
• Market: Williamsburg
• Total Square Footage: 48,805
• Asking Price: $16,800,000
• Price Per Square Foot: $338

Andrew Levine and Josh Lipton were the brokers from Invictus Property Advisors who represented Cheskie Weisz in the purchase of the development site in Williamsburg. They facilitated the successful transaction between the buyer and seller, Justin Palmer. Their expertise and negotiation skills played a crucial role in the deal.