facebook
Traded Co logo
Submit

Leeboy Group Acquires Development Site At 6423 Fort Hamilton Parkway For $10 Million

Property Image
SOLD
$10,000,000
Henry Hill
Peter Shimkin
+ 3

New York

See Similar Deals
Development Site9,500 SF
Sold 02/06/2026
the dealplayerscompscontact
Property Image
SOLD

Leeboy Group Acquires Development Site At 6423 Fort Hamilton Parkway For $10 Million

6423 Fort Hamilton Parkway

See Similar Deals
Development Site9,500 SF
Sold 02/06/2026
Henry Hill
Peter Shimkin
+ 3
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$1,052
Total Square Footage:9,500 SF
Transaction Type:Sale

The property involved in this transaction is a development site located at 6423 Fort Hamilton Parkway, in Borough Park. The asset has a sale price of $10,000,000, a building square footage (BSF) of 29,886, and a price per building square foot (PPBSF) of $334. In terms of total square footage (SF), the property measures 9,500, with a price per square foot (PPSF) of $1,052.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $10,000,000
  • Address: 6423 Fort Hamilton Parkway
  • Market: Borough Park
  • Building Square Footage: 29,886
  • Price per Building Square Foot: $334
  • Total Square Footage: 9,500
  • Price per Square Foot: $1,052
  • Buyer: Leeboy Group
  • Seller: John Calabria
  • Broker Representatives: Daniel O'Brien, Caroline Hodes, Peter Shimkin, Henry Hill, Loren Valla & Brett Siegel - Newmark

The transaction was facilitated by a team of brokers from Newmark, including Daniel O'Brien, Caroline Hodes, Peter Shimkin, Henry Hill, Loren Valla, and Brett Siegel, who represented both the buyer, Leeboy Group, and the seller, John Calabria, during the sale process.

Players

Brett Siegel
76 deals$6.4B volume(212) 372-0798
BROKER

Caroline Hodes
Newmark
94 deals$1.8B volume(516) 263-9404
BROKER

Peter Shimkin
Newmark
33 deals$10M volume
BROKER

Henry Hill
Newmark
28 deals$468M volume(212) 655-0695
BROKER

Daniel (Dan) O'Brien
Newmark
146 deals$4.7B volume(212) 698-5584
BROKER

Loren Valla
Newmark
13 deals$409.1M volume
BROKER

Details

SOLD
IMAGE: Daniel O'Brien, Caroline Hodes, Peter Shimkin, Loren Valla, Henry Hill & Brett Siegel DATE: 2/6/2026 ADDRESS: 6423 Fort Hamilton Parkway MARKET: Borough Park ASSET TYPE: Development Site BUYER: Leeboy Group SELLER: John Calabria BROKERS: Daniel O'Brien, Caroline Hodes (@CarolineHodes), Peter Shimkin, Henry Hill (@Henry_Hill_CRE), Loren Valla (@Loren.Valla) & Brett Siegel (@BSieges) - Newmark (@Newmark) SALE PRICE: $10,000,000 BSF: 29,886 ~ PPBSF: $334 SF: 9,500 ~ PPSF: $1,052

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$533,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22