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Mortar Group Acquires Development Site In Williamsburg, Brooklyn For $5.45M

Property Image
SOLD
$5,450,000
Paula Manna
Andrew Manasia
Daniel (Dan) Lebor
+ 1

New York

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Development Site14,907 SF
Sold 05/03/2022
the dealplayerscompscontact
Property Image
SOLD

Mortar Group Acquires Development Site In Williamsburg, Brooklyn For $5.45M

30 Bushwick Avenue, Brooklyn, New York 11211, United States

See Similar Deals
Development Site14,907 SF
Sold 05/03/2022
Paula Manna
Andrew Manasia
Daniel (Dan) Lebor
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$365
Total Square Footage:14,907 SF
Transaction Type:Sale

A development site located at 30-32 Bushwick Ave. in Williamsburg, Brooklyn, has been sold in a recent transaction. The property, with a total building square footage (BSF) of 14,907, was acquired for a sale price of $5,450,000, resulting in a price per building square footage (PPBSF) of $365. The deal was finalized on 05/03/2022.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $5,450,000
  • Address: 30-32 Bushwick Ave.
  • Market: Williamsburg, Brooklyn

Mortar Group, represented by Anthony Morena, acted as the buyer in this transaction, while Xing Hua Lin served as the seller. The brokerage team involved in the deal included Paula Manna from Compass, and Andrew Manasia and Daniel Lebor from TerraCRG.

Players

Daniel (Dan) Lebor
Terra CRG
Daniel Lebor
50 deals$986.7M volume
BROKER
Paula Manna
Compass
Paula Manna
3 deals$13.3M volume
BROKER
Andrew Manasia
Terra CRG
Andrew Manasia
16 deals$99.7M volume
BROKER
Anthony Morena
Anthony Morena
12 deals$69.3M volume
BUYER

Details

SOLD
IMAGE: Paula Manna, Andrew Manasia & Daniel Lebor DATE: 05/03/2022 ADDRESS: 30-32 Bushwick Ave. MARKET: Williamsburg, Brooklyn ASSET TYPE: Development Site BUYER: Mortar Group (@MortarGroup) - Anthony Morena SELLER: Xing Hua Lin BROKERS: Paula Manna - Compass (@Compass); Andrew Manasia (@Amanasia_CRE) & Daniel Lebor (@DanielLebor) - TerraCRG (@TerraCRG) SALE PRICE: $5,450,000 BSF: 14,907 ~ PPBSF: $365

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