YS Developers Purchases Development Site At 47 Hall Street Brooklyn From RXR For $121.4M

The property asset involved in the transaction is a development site located at 47 Hall Street, Brooklyn. The sale price was $121,400,000, with a building square footage (BSF) of 555,920 and a price per square foot (PPBSF) of $218.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $121,400,000
• Address: 47 Hall Street
• Market: Brooklyn
• Building Square Footage: 555,920
• Price per Square Foot: $218
• Buyer: YS Developers - Yitzchok Schwartz
• Seller: RXR
• Brokers: Ethan Stanton, Michael Mazzara, Brendan Maddigan & Andrew Scandalios - JLL

Key individuals involved in the transaction include Yitzchok Schwartz as the buyer representing YS Developers, while RXR was represented by their designated brokers at JLL, namely Ethan Stanton, Michael Mazzara, Brendan Maddigan, and Andrew Scandalios.