Michael Wittow & The Horizon Group Acquire Development Site In Bushwick, Brooklyn For $14M

A development site located at 376 Weirfield Street in Bushwick, Brooklyn has been sold for a total price of $14,000,000. The site has a zoning classification of R6 and spans an area of 82,000 square feet. The transaction took place on October 30, 2020.

Summary of transation details

• Property Type: Development site
• Transaction Amount: $14,000,000
• Address: 376 Weirfield Street, Bushwick, Brooklyn
• Market: Bushwick, Brooklyn
• Zoning: R6

The buyer of the property is Michael Wittow and The Horizon Group, while the seller is Andrew Poma. The transaction was facilitated by DJ Johnston from B6RealEstate. Please contact DJ Johnston at [email protected] or 646-933-2619 for further details.

This post-covid transaction involved the sale of three development clusters along the Halsey L Train, totaling 82,000 square feet of building square footage. Michael Wittow, in partnership with The Horizon Group, has planned a substantial project for this property. Additionally, the neighboring 40,000 square feet commercial site at 900 Wyckoff is currently accepting offers for further improvements to the retail area.