Park Slope Development Site Sells For $7.4M Off-market By Daniel Barcelowsky - EVRG Realty

A development site located at 63-65 Fourth Avenue in Park Slope has been sold for $7,400,000. The off-market transaction was completed on 06/07/2021. The lot size of the development site is 40 x 88ft, offering ample space for future construction. The property is a prime opportunity for development, with a buildable square footage (BSF) of 24,000. The price per buildable square footage (PPBSF) is $308.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $7,400,000
• Address: 63-65 Fourth Avenue
• Market: Park Slope
• Lot Size: 40 x 88ft
• BSF: 24,000
• PPBSF: $308

The deal was facilitated by Daniel Barcelowsky of @EVRGRealty. As the broker representative, Barcelowsky played a pivotal role in closing the transaction. His expertise in the Park Slope market ensured a successful sale of the development site.

It's important to note that this particular development site was sold off-market, indicating the strong demand and competitiveness in Park Slope's real estate market.