BWH Group Acquires Development Site In Brooklyn For $17 Million With Brokers Robert Shapiro, Ian Brooks & Nicholas Kontos

The asset involved in this transaction is a development site located at 9305 5th Avenue in Brooklyn. The sale price of the property was $17,000,000, with a buildable square footage (BSF) of 85,000, resulting in a price per buildable square foot (PPBSF) of $200.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $17,000,000
• Address: 9305 5th Avenue
• Market: Brooklyn
• BSF: 85,000
• PPBSF: $200
• Buyer: BWH Group
• Broker Representatives: Robert Shapiro, Ian Brooks & Nicholas Kontos - CBRE

The transaction was executed by the buyer, BWH Group, with the assistance of brokers Robert Shapiro, Ian Brooks, and Nicholas Kontos from CBRE. These individuals played a pivotal role in facilitating the deal for the development site in the Brooklyn market.