Rick Gropper Acquires Development Site At 4218 Fort Hamilton Parkway Brooklyn For $12.2M

This development site is located at 4218 Fort Hamilton Parkway in Brooklyn. The property was sold for a total price of $12,200,000, featuring a built square footage of 25,150 square feet, resulting in a price per built square foot of $485. Additionally, the property has a total of 7,972 square feet with a price per square foot of $1,530.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $12,200,000
• Buyer: Rick Gropper
• Seller: Marvin Azrak
• Broker: Scott Dweck - Latitude Property Group
• BSF: 25,150
• PPBSF: $485
• SF: 7,972
• PPSF: $1,530

In this transaction, Rick Gropper acted as the buyer while Marvin Azrak was the seller. The brokerage firm involved in this sale was represented by Scott Dweck from Latitude Property Group, underscoring their role in facilitating the agreement.