Salvation Church Of God Acquires Development Site In Brooklyn From The Vona Family For $20.575M

The development site located at 6065 Strickland Avenue in Brooklyn has been sold for a price of $20,575,000. The asset encompasses a total of 117,345 square feet, resulting in a price per square foot of $175.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $20,575,000
• Building Square Feet: 117,345
• Price per Building Square Foot: $175
• Seller: The Vona Family
• Buyer: Salvation Church of God
• Brokers: Michael Mazzara, Ethan Stanton, Brendan Maddigan, Joseph Lopresti, Kyle Crennan - JLL; Christopher Cavorti, Michael Laurent - The Corcoran Group

The brokers involved in the transaction represent the buyer and seller, with JLL representing The Vona Family and the Corcoran Group representing Salvation Church of God in this deal.