Abraham Waldman Acquires Development Site In Gowanus For $15.75M With Brokers Sean R. Kelly, Esq. Nicole Daniggelis & Stephen Vorvolakos

The property involved in this transaction is a development site located at 418 4th Avenue, 416 4th Avenue, 246 7th Street, and 244A 7th Street within the Gowanus market. The total sale price of the property is $15,750,000, with a building square footage (BSF) of 57,640 and a price per BSF of $273.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $15,750,000
• Address: 418 4th Avenue, 416 4th Avenue, 246 7th Street & 244A 7th Street
• Market: Gowanus
• Buyer: Abraham Waldman
• Brokers: Sean R. Kelly, Esq., Nicole Daniggelis & Stephen Vorvolakos - Ariel Property Advisors
• BSF: 57,640
• PPBSF: $273

This deal is represented by Sean R. Kelly, Esq., Nicole Daniggelis, and Stephen Vorvolakos from Ariel Property Advisors. The transaction marks the 18th development site closed or in contract this past calendar year, totaling just under 2 million BSF across Brooklyn and Queens.