Lightstone Sells Mott Haven Development Site For $74.7M With Seller's Reps JLL And Cushman & Wakefield

A development site located at 325 Exterior Street in Mott Haven has been sold for a total of $74,700,000. The property is characterized as a development site with a building square footage of 465,000 and a price per square foot of $161. The transaction took place on December 21, 2021.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $74,700,000
• Address: 325 Exterior Street
• Market: Mott Haven
• Building Square Footage: 465,000
• Price Per Square Foot: $161

The property was sold by Lightstone, represented by Meir Milgraum, Mitchell Hochberg, and David Lichtenstein. The selling process was facilitated by brokers from two agencies. Jonathan Hageman, Bob Knakal, and Karl Brumback from JLL, and Josh Kuriloff, Rico Murtha, Andrew Braver, Jonathan Squires, Nicholas Kontos, and Josh Neustadter from Cushman & Wakefield.