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Samuel Blank & Paul Caine's Blank Property Group Acquires Development Site In Williamsburg For $1.85M

Property Image
SOLD
$1,850,000
Luke Sproviero
Hakeem Lecky
Donal Flaherty

New York

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Development Site4,400 SF
Sold 02/03/2021
the dealplayerscompscontact
Property Image
SOLD

Samuel Blank & Paul Caine's Blank Property Group Acquires Development Site In Williamsburg For $1.85M

31 Orient Avenue, East Williamsburg, Brooklyn, NY, USA

See Similar Deals
Development Site4,400 SF
Sold 02/03/2021
Luke Sproviero
Hakeem Lecky
Donal Flaherty
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$420
Total Square Footage:4,400 SF
Transaction Type:Sale

A development site located at 31 Orient Avenue in Williamsburg, Brooklyn has been sold for a total transaction amount of $1,850,000. The property is zoned for development and has a buildable square footage (BSF) of approximately 4,400. The sale price per square foot (PPSF) is $420.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $1,850,000
  • Address: 31 Orient Avenue, Williamsburg
  • Market: Williamsburg
  • Buyer: Samuel Blank & Paul Caine - Blank Property Group
  • Seller: Jan Perrone
  • BROKERS: Donal Flaherty, Luke Sproviero & Hakeem Lecky - Bestreich Realty Group @BRG_CRE

The buyer of the property is Samuel Blank and Paul Caine from Blank Property Group, while the seller is Jan Perrone. The deal was facilitated by the brokers Donal Flaherty, Luke Sproviero, and Hakeem Lecky from Bestreich Realty Group. The transaction was completed on February 3, 2021.

Players

Hakeem Lecky
Investment Property Realty Group (IPRG)
Hakeem Lecky
31 deals$91M volume
BROKER
Donal Flaherty
Investment Property Realty Group (IPRG)
Donal Flaherty
101 deals$367.7M volume(718) 360-8823
BROKER
Luke Sproviero
Investment Property Realty Group (IPRG)
Luke Sproviero
222 deals$848.7M volume
BROKER
BG
Blank Property Group
BUYER
BG
Blank Property Group
BUYER

Details

SOLD
IMAGE: Donal Flaherty, Hakeem Lecky & Luke Sproviero DATE: 02/03/2021 ADDRESS: 31 Orient Avenue MARKET: Williamsburg ASSET TYPE: Development Site BUYER: Samuel Blank & Paul Caine - Blank Property Group SELLER: Jan Perrone BROKERS: Donal Flaherty, Luke Sproviero & Hakeem Lecky - Bestreich Realty Group @BRG_CRE SALE PRICE: $1,850,000 BSF: 4,400 ~ PPSF: $420

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