Vision Development Sells Development Site At 1209-1213 Fulton Street Brooklyn For $7.325M

The property involved in this transaction is a development site located at 1209-1213 Fulton Street in Brooklyn. The sale price for this asset was $7,325,000, with a buildable square footage of 23,000 and a price per buildable square foot of $318. The site has an actual square footage of 5,457, translating to a price per square foot of $1,342.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $7,325,000
• Address: 1209-1213 Fulton Street
• Market: Brooklyn
• Seller: Vision Development
• Broker: Moti Samoohy - Reavis Partners
• BSF: 23,000
• PPBSF: $318
• SF: 5,457
• PPSF: $1,342

The key individuals involved in this transaction include Moti Samoohy, who represented the broker agency Reavis Partners in the sale process. The seller of the property is Vision Development, highlighting the companies engaged in this real estate deal.