Tomer Shmuel Acquires Development Site At 37-41 Meserole St Brooklyn For $6.4M

The development site located at 37-41 Meserole St in Brooklyn was sold for $6,400,000. The building has a total square footage of 5,000, with a building square footage of 15,000, resulting in a price per building square foot of $427 and a price per square foot of $1,280.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,400,000
• Address: 37-41 Meserole St
• Market: Brooklyn
• Total Square Footage: 5,000
• Building Square Footage: 15,000
• Price per Building Square Foot: $427
• Price per Square Foot: $1,280
• Buyer: Tomer Shmuel
• Buyer's Representative: Dani Ohayon - Oxford Property Group

Tomer Shmuel, the buyer, is actively seeking additional projects in Brooklyn, focusing on condo or mixed-use development sites in prime or emerging neighborhoods. They have a noted emphasis on hands-on development, with experience in design, planning, and execution. Direct owners and broker submissions are welcome for future deals.