Solomon Schwimmer Acquires Development Site On Sackett Street In Gowanus, Brooklyn For $5.6M

Located in Gowanus, Brooklyn, the development site at 558 Sackett Street has been sold in a recent transaction. The property, spanning 8,500 square feet, was acquired by Solomon Schwimmer for a total price of $5,600,000. With a price per square foot of $659, this development site presents an attractive opportunity for future growth.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $5,600,000
• Date: 11/08/2022
• Address: 558 Sackett Street
• Market: Gowanus, Brooklyn
• Buyer: Solomon Schwimmer
• Brokers: Winfield Clifford, Brendan Maddigan, Ethan Stanton, Stephen Palmese, and Michael Mazzara - JLL
• Square Footage: 8,500
• Price per Square Foot: $659

The deal was facilitated by a team of brokers from JLL, including Winfield Clifford, Brendan Maddigan, Ethan Stanton, Stephen Palmese, and Michael Mazzara. Their expertise and representation played a crucial role in ensuring the successful transaction for both the buyer, Solomon Schwimmer, and the seller.