Joel Schwartz Acquires Development Site In Williamsburg, Brooklyn For $2.7M

Located at 302 Graham Ave in Williamsburg, Brooklyn, this development site recently changed hands in a closed property transaction. The sale took place on January 29, 2019, with a sale price of $2.7 million. The property offers a buildable square footage (BSF) of 7,500, resulting in a price per buildable square footage (PPBSF) of $360.

Summary of Transaction Details

• Property Type: Development Site
• Transaction Amount: $2.7 million
• Address: 302 Graham Ave, Williamsburg, Brooklyn
• Market: Williamsburg, Brooklyn
• BSF: 7,500
• PPBSF: $360

Michael Lepore acted as the seller of the property, while Joel Schwartz emerged as the buyer. Representing the buyer, George Koncilja from Oxford Property Group facilitated the deal, whereas John Gangone from DGW NY Realty represented the seller.