Marcel Fridman's Barcel Group Represents Buyer In $54M Sunset Park Development Site Sale

A 25% stake in a development site located at 6208 8th Avenue in Sunset Park, Brooklyn, was recently sold for a total value of $54,000,000. The property, with a total buildable square footage (BSF) of 546,380, is classified as a development site and is zoned as C4-2. The transaction took place on November 19, 2021. Marcel Fridman from Barcel Group represented the buyer, while David Warren and Yechiel Dinowitz represented the seller.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $54,000,000
• Address: 6208 8th Avenue, Sunset Park, Brooklyn
• Market: Sunset Park
• Zoning: C4-2
• BSF: 546,380
• Buyer's Representative: Marcel Fridman - Barcel Group
• Seller's Representative: David Warren & Yechiel Dinowitz

The involvement of Marcel Fridman from Barcel Group as the buyer's representative and David Warren and Yechiel Dinowitz as the seller's representatives highlights the key individuals and companies in this transaction. The sale of a 25% stake in the property showcases the demand and value of this development site in Sunset Park.