Cohen Family Purchases Development Site At 572 Myrtle Avenue For $4.1 Million With Brokers Marcel Fridman & Andre V DiPasquale

This development site is located at 572 Myrtle Avenue & 572A Myrtle Avenue in the Clinton Hill market. It was sold for $4,100,000, with a building square footage (BSF) of 13,500, equating to a price per building square foot (PPBSF) of $303. The property has a total square footage (SF) of 4,100, resulting in a price per square foot (PPSF) of $1,000.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $4,100,000
• Address: 572 Myrtle Avenue & 572A Myrtle Avenue
• Market: Clinton Hill
• Building Square Footage: 13,500
• Price per Building Square Foot: $303
• Total Square Footage: 4,100
• Price per Square Foot: $1,000
• Buyer: Cohen Family
• Brokers: Marcel Fridman & Andre V DiPasquale - Barcel Group
• Date: 02/06/2025

Marcel Fridman and Andre V DiPasquale represented the seller in this transaction, facilitating the sale between the parties. Their involvement highlights the professional brokerage services provided during the acquisition of this development site.