The development site located at 328 12th Street in Park Slope, Brooklyn, has been sold in a closed transaction. The property was purchased by The Greenberg Family from Matt Bader – 328 12th Street LLC. The transaction was facilitated by brokers Shaun Riney and John Lopez from Marcus & Millichap. The sale price for the property was $1,775,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,775,000
• Address: 328 12th Street, Park Slope, Brooklyn
• Market: Park Slope, Brooklyn
• Buyer: The Greenberg Family
• Seller: Matt Bader – 328 12th Street LLC
• Brokers: Shaun Riney & John Lopez - Marcus & Millichap

The development site is described as shovel ready, with a full set of DOB Approved Plans. For similar development site acquisitions or sales, interested parties can get in touch with the New York Multifamily Group’s Development Site Team at 914-806-4921.