Scaturro Family Sells Development Site At 639 Grand Street Brooklyn For $12.5M

The transaction involved a development site located at 639 Grand Street in the Brooklyn market. The property was sold by the Scaturro Family for a sale price of $12,500,018. The property has a building square footage (BSF) of 36,000 with a price per building square foot (PPBSF) of $347. Additionally, the site includes 9,496 square feet (SF) with a price per square foot (PPSF) of $1,316.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $12,500,018
• Building Square Footage: 36,000
• Price per Building Square Foot: $347
• Square Feet: 9,496
• Price per Square Foot: $1,316
• Seller: Scaturro Family
• Brokers: Adan Elias Kornfeld & Peter Matheos - Matheos Realty Group
• Date of Transaction: 1/12/2026

Adan Elias Kornfeld and Peter Matheos, representing Matheos Realty Group, facilitated the sale of this development site, playing a crucial role in connecting the seller, Scaturro Family, to potential buyers during the transaction process.