Kevin Shahery's Monarch Realty Holdings Acquires Development Site In Downtown Brooklyn For $11.3M

A development site located at 340 Livingston Street in Downtown Brooklyn has been sold for $11,300,000. The property spans 17,655 square feet, resulting in a price per square foot of $640. The buyer of the site is Kevin Shahery, represented by Monarch Realty Holdings.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $11,300,000
• Address: 340 Livingston Street
• Market: Downtown Brooklyn
• Square Footage: 17,655
• Price per Square Foot: $640

The deal was facilitated by a team of brokers, including Ofer Cohen, Daniel Lebor, Jackson O'Neill, and Andrew Manasia from Terra CRG, as well as Chirag Doshi and Yossi Lieberman from Meridian Capital Group.