A development site located at 340 Myrtle Avenue and 155 Carlton Avenue in Fort Greene, Brooklyn has been sold for a total price of $13,980,000. The site spans over 1M sf and is conveniently situated just steps away from Fort Greene Park.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $13,980,000
• Address: 340 Myrtle Avenue & 155 Carlton Avenue
• Market: Fort Greene, Brooklyn
• Buyer: David Halberstam
• Seller: John Bourtaglou
• Buyer's Representative: Ceasar Salama - Kassin Sabbagh Realty
• Seller's Representatives: Brandon Thomas & Scott Dweck - Latitude Property Group
• BSF (Building Square Footage): 40,609
• PPBSF (Price Per Building Square Footage): $344

Ceasar Salama of KSR, along with Scott Dweck and Brandon Thomas of Latitude Property Group, successfully arranged the assemblage of this 421a vested site. This transaction adds to Salama's portfolio of over 1M sf of development throughout New York City. For similar opportunities or to discuss the potential sale or joint venture of a property, please reach out to Ceasar Salama.