Global Industries Acquires Development Site In Park Slope For $13.2M

The development site located at 75 Fourth Avenue in Park Slope has been sold for $13,200,000. The property spans 18,016 square feet, with a price per square foot of $732. The building has a total square footage of 37,252, resulting in a price per buildable square foot of $354.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $13,200,000
• Square Footage: 18,016
• Price per Square Foot: $732
• Total Buildable Square Footage: 37,252
• Price per Buildable Square Foot: $354

The seller of the property was the Sparagna Family, while the buyer was Tolib Mansurov from Global Industries. The deal was facilitated by brokers Ofer Cohen, Dan Marks, Daniel Lebor, Peter Matheos, and Mike Rafter from TerraCRG.