David Cayre Acquires Development Site In Brooklyn's Bay Ridge For $5.2M

Located at 9111 Fourth Avenue in Brooklyn's Bay Ridge neighborhood, this development site was recently sold in a closed transaction. The property spans a total of 22,316 square feet, with a sale price of $5,200,000, resulting in a price per square foot of $233. The seller, Juliano Family, enlisted the services of Craig Slosberg, Ronald Solarz, and Gary Meese as their representatives in the deal. The buyer, David Cayre, successfully acquired the property.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $5,200,000
• Asking Price: $4,900,000
• Square Footage: 22,316
• Price Per Square Foot: $233
• Seller: Juliano Family
• Buyer: David Cayre
• Seller's Representatives: Craig Slosberg, Ronald Solarz, Gary Meese

The purchase of this development site was facilitated by the buyer's representative, David Cayre. The deal closed successfully, with the seller, Juliano Family, securing a sale price of $5,200,000. The property's location in Brooklyn's Bay Ridge makes it a desirable asset for potential development opportunities. The transaction showcases the active real estate market in the area, with interested buyers willing to invest in development sites.