Updated Jul 17, 2026
DN Investments Acquires Development Site At 333 Avenue S Gravesend From Jackson Group For $18.6M
333 Avenue S
$18,600,000
Building Size
—
Asset Type
Development Site
Closing
Jul 2, 2026
About this deal
AI
The property asset involved in the transaction is a development site located at 333 Avenue S in Gravesend. The sale was executed for a total price of $18,600,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $18,600,000
- Buyer: DN Investments
- Seller: Jackson Group
- Brokers: Daniel O'Brien, Caroline Hodes & Maurice Suede - Newmark
- Date of Sale: 07/02/2026
The individuals involved in facilitating the deal include Daniel O'Brien, Caroline Hodes, and Maurice Suede, who represented the buyers and sellers through Newmark, contributing their expertise to the transaction
On the Map
$18,600,000
Development Site
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Players
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93