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Development Site At 544-548 Union Street Sold For $9M With Buyer’s Attorney Jay H. Levinton

Property Image
SOLD
$9,000,000
Stephen Vorvolakos
Sean R. Kelly, Esq.
Nicole Daniggelis

New York

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Development Site13,100 SF
Sold 06/26/2025
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Property Image
SOLD

Development Site At 544-548 Union Street Sold For $9M With Buyer’s Attorney Jay H. Levinton

544 548 Union Street

See Similar Deals
Development Site13,100 SF
Sold 06/26/2025
Stephen Vorvolakos
Sean R. Kelly, Esq.
Nicole Daniggelis
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$687
Total Square Footage:13,100 SF
Transaction Type:Sale

The asset involved is a development site located at 544-548 Union Street in the Gowanus market. This property was sold for $9,000,000, encompassing a total building square footage of 21,600, resulting in a price per square foot of $417.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $9,000,000
  • Building Square Footage: 21,600
  • Price Per Square Foot: $417
  • Address: 544-548 Union Street
  • Market: Gowanus

The transaction was facilitated by the brokers Sean R. Kelly, Esq., Stephen Vorvolakos, and Nicole Daniggelis from Ariel Property Advisors. The seller was represented by attorneys Christopher Merone, Esq. and Anthony Castellano, Esq. from Castellano & Merone Law Group, PLLC, while the buyer was represented by attorney Jay H. Levinton, Esq. from Seyfarth Shaw LLP.

Players

Sean R. Kelly, Esq.
Ariel Property Advisors
Sean R. Kelly, Esq.
56 deals$529.8M volume
BROKER
Stephen Vorvolakos
Ariel Property Advisors
Stephen Vorvolakos
28 deals$275.7M volume
BROKER
Nicole Daniggelis
Ariel Property Advisors
Nicole Daniggelis
17 deals$258.4M volume
BROKER
Ariel Property Advisors
Ariel Property Advisors
BROKERAGE

Details

SOLD
IMAGE: Sean R. Kelly, Esq., Stephen Vorvolakos, Nicole Daniggelis, Christopher Merone, Esq., Anthony Castellano, Esq., & Jay H. Levinton, Esq. DATE: 6/27/2025 ADDRESS: 544-548 Union Street MARKET: Gowanus ASSET TYPE: Development Site BROKERS: Sean R. Kelly, Esq., Stephen Vorvolakos & Nicole Daniggelis (@NicoleDaniggelis) - Ariel Property Advisors (@ArielPA.NYC) SELLER'S ATTORNEY: Christopher Merone, Esq. & Anthony Castellano, Esq. - Castellano & Merone Law Group, PLLC BUYER'S ATTORNEY: Jay H. Levinton, Esq. - Seyfarth Shaw LLP SALE PRICE: $9,000,000 BSF: 21,600 ~ PPBSF: $417

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