Abe Gluck Acquires Development Site At 404 Van Brunt Street In Brooklyn For $995,000

The property asset involved in the transaction is a development site located at 404 Van Brunt Street, Brooklyn. The sale price for the asset was $995,000. The building has a total square footage of 2,250, resulting in a price per square foot of $442. The asset also has a buildable square footage of 5,625, which translates to a price per buildable square foot of $176.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $995,000
• Address: 404 Van Brunt Street
• Market: Brooklyn
• Buyer: Abe Gluck
• Seller: Douglas Freedman
• Broker: Deborah L Rieders - The Corcoran Group
• BSF: 5,625
• PPBSF: $176
• SF: 2,250
• PPSF: $442

The key individuals involved in the deal include buyer Abe Gluck and seller Douglas Freedman, with the transaction being facilitated by broker Deborah L Rieders from The Corcoran Group, representing the seller in this deal.