Guy Moore Acquires Development Site In Greenpoint For $1.75M

Located in the Greenpoint market, the development site at 58 Dupont St. has been sold in a recent transaction. The property offers potential for future development, with a building size of 5,000 square feet. The sale price for this asset was $1,750,000, resulting in a price per buildable square foot (PPBSF) of $350.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,750,000
• Address: 58 Dupont St., Greenpoint
• Market: Greenpoint

The buyer for this transaction was Guy Moore, while Joseph Folkman acted as the seller. Representing the buyer and seller were brokers Dan OBrien, Will Diana, Caroline Hodes, and Jake McGuffog from Cushman & Wakefield.