Hector Casillas & Alice Fontanez Sell Development Site In Gowanus Brooklyn For $1.75M

The asset involved in the transaction is a development site located at 99–101 16th Street in Gowanus, Brooklyn. The sale price was $1,750,000, with a building square footage of 5,610 and a price per square foot of $311.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,750,000
• Building Square Feet: 5,610
• Price per Square Foot: $311
• Seller: Hector Casillas & Alice Fontanez
• Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel & Toby Waring - Investment Property Realty Group (IPRG)
• Date of transaction: 12/11/2025

The brokers facilitating the sale were Derek Bestreich, Luke Sproviero, Adam Lobel, and Toby Waring, representing the sellers Hector Casillas and Alice Fontanez in this transaction.