Isaac Schwartz Acquires Development Site From The Continuum Company In Brooklyn For $54.3M

The property asset involved in the transaction is a development site located at 970 Franklin Avenue in Brooklyn. The sale was finalized at a price of $54,300,000, encompassing a building square footage of 289,957 and a price per buildable square foot of $187.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $54,300,000
• Buyer: Isaac Schwartz
• Seller: The Continuum Company
• Broker Representation: Andrew Scandalios, Ethan Stanton, Brendan Maddigan & Michael Mazzara - JLL

Key individuals involved in the transaction include the buyer Isaac Schwartz and the seller, The Continuum Company, with broker representation provided by Andrew Scandalios, Ethan Stanton, Brendan Maddigan, and Michael Mazzara from JLL, highlighting the professionals facilitating the deal.