Shlomi Avdoo Acquires Development Site In Boerum Hill, Brooklyn For $44.4M

A development site located at 311 Bergen Street in Boerum Hill, Brooklyn has been sold for a total of $44,400,000. The property, with a lot size of 375 ft x 100 ft, is zoned as R7B and has a building square footage (BSF) of 121,250. The sale took place on December 29, 2021.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $44,400,000
• Address: 311 Bergen Street, Boerum Hill, Brooklyn
• Market: Boerum Hill, Brooklyn
• Lot Size: 375 ft x 100 ft
• Zoning: R7B

Shlomi Avdoo is the buyer of the property. The sale was facilitated by Brendan Maddigan, Stephen Palmese, Ethan Stanton, Michael Mazzara, Winfield Clifford, and Patrick Madigan from JLL. The transaction involved the filing of a full demolition permit in October 2021.