Joseph Lichtman Purchases Development Site At 72 West Street In Greenpoint For $25.55M

The development site located at 72 West Street in Greenpoint, Brooklyn was sold for a transaction amount of $25,550,000. The asset spans 54,375 square feet, resulting in a price per square foot of $469.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $25,550,000
• Address: 72 West Street
• Market: Greenpoint, Brooklyn
• Building Square Footage: 54,375
• Price Per Building Square Foot: $469
• Buyer: Joseph Lichtman
• Seller: Jack Guttman
• Broker Representatives: Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Sal Monteverde & Thomas Ventura - Investment Property Realty Group

This transaction involved Joseph Lichtman acquiring the property from seller Jack Guttman, facilitated by a team of broker representatives from Investment Property Realty Group. The team comprised Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Sal Monteverde, and Thomas Ventura, who collectively represented the transaction in the market.