JLL Brokers Sell Prospect Heights Development Site For $22.5M

A development site located at 888 Atlantic Avenue in Prospect Heights, Brooklyn was recently sold for a price of $22,500,000. The property, owned by the Nikoladis Family, was put on the market and successfully sold in a closed transaction.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $22,500,000
• Address: 888 Atlantic Avenue, Prospect Heights, Brooklyn

The sale of this development site was facilitated by a team of brokers from JLL, including Michael Mazzara, Stephen Palmese, Ethan Stanton, Brendan Maddigan, and Winfield Clifford. They represented the Nikoladis Family in the transaction, ensuring a successful deal for both the seller and the buyer.