Goose Property Management Acquires Development Site In Brooklyn From Arrow Linen Supply Company For $55M

The development site located at 441-467 Prospect Avenue in Brooklyn has been successfully sold for a transaction amount of $55,000,000. The total building square footage is approximately 270,000, which translates to a price per building square foot of $203.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $55,000,000
• Address: 441-467 Prospect Avenue
• Market: Brooklyn
• Building Square Footage: 270,000
• Price Per Building Square Foot: $203
• Buyer: Goose Property Management
• Seller: Arrow Linen Supply Company
• Brokers: Michael Mazzara, Ethan Stanton & Brendan Maddigan - JLL

Key individuals involved in this transaction include Goose Property Management as the buyer and Arrow Linen Supply Company as the seller. The brokers representing the transaction are Michael Mazzara, Ethan Stanton, and Brendan Maddigan from JLL, facilitating the sale process.