Samuel Blank Purchases Development Site At 630 Humboldt Street From Zbigniew Wanielista For $1.9M

The property asset involved in the transaction is a development site located at 630 Humboldt Street in Greenpoint, Brooklyn. The sale price was $1,900,000, with a buildable square footage (BSF) of 4,750, resulting in a price per buildable square foot (PPBSF) of $400. The site also has a total square footage (SF) of 2,232, equating to a price per square foot (PPSF) of $851.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,900,000
• Buyer: Samuel Blank
• Seller: Zbigniew Wanielista
• Broker: Paul Youssef - FTS Capital

This transaction features Samuel Blank as the buyer and Zbigniew Wanielista as the seller, with representation provided by broker Paul Youssef from FTS Capital. The deal highlights an engagement in the Brooklyn real estate market, specifically targeting development opportunities.