The Saffayeh Family Acquires Development Site In Windsor Terrace, Brooklyn For $1.775M

The development site located at 44 Seeley Street in Windsor Terrace, Brooklyn has been sold. The property was purchased by The Saffayeh Family from The Visalli Family for a sale price of $1,775,000. The site covers an area with a building square footage (BSF) of 12,188. The price per building square footage (PPBSF) is $146, indicating a favorable investment opportunity in the market.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,775,000
• Address: 44 Seeley Street, Windsor Terrace, Brooklyn
• Buyer: The Saffayeh Family
• Seller: The Visalli Family
• Brokers: Shaun Riney, Andrew Bronsteen, and John Lopez - Marcus & Millichap
• BSF: 12,188
• PPBSF: $146

Shaun Riney, Andrew Bronsteen, and John Lopez from Marcus & Millichap represented the buyer and seller in this transaction. Their expertise and guidance were instrumental in navigating the complexities of the deal. We would like to extend our appreciation to @michael.l.landsman and @hohlaw for their assistance throughout the process.