SOLD
Kingsland Properties Acquires Development Site In Bed-Stuy, Brooklyn For $2.4M
551 Lafayette Avenue
Development Site
Sold 185 days ago
Summary
Sale
NEW YORK
Development Site
A development site located at 551 Lafayette Avenue in Bed-Stuy, Brooklyn has been sold for $2,400,000. The property has a lot size of 47.5’ x 100’ (R6B) and a buildable square footage of 9,550. The price per buildable square footage is approximately $251.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,400,000
- Address: 551 Lafayette Avenue, Bed-Stuy, Brooklyn
- Lot Size: 47.5’ x 100’ (R6B)
- Buildable Square Footage: 9,550
- Price per Buildable Square Footage: $251
The buyer of the property is Ali Rashid from Kingsland Properties. The seller is Noam Amos. The deal was represented by Shaun Riney, Daniel Greenblatt, and John Lopez from Marcus & Millichap.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: John Lopez, Shaun Riney & Daniel Greenblatt
DATE: 10/25/2023
ADDRESS: 551 Lafayette Avenue
MARKET: Bed-Stuy, Brooklyn
ASSET TYPE: Development Site
BUYER: Ali Rashid - Kingsland Properties
SELLER: Noam Amos
BROKERS: Shaun Riney (@ShaunRiney1), Daniel Greenblatt (@DealBlatt) & John Lopez (@Johnny_Devsite) - Marcus & Millichap (@MarcusMillichap_NY)
SALE PRICE: $2,400,000
LOT SIZE: 47.5’ x 100’ (R6B)
BSF: 9,550 ~ PPBSF: $251View on map
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Address551 Lafayette Avenue
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