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Eli Scharf Acquires Development Site At 101-103 Luquer Street Brooklyn For $5.25M

Property Image
SOLD
$5,250,000
Jakub Nowak
+ 1

New York

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Development Site5,217 SF
Sold 03/25/2026
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Property Image
SOLD

Eli Scharf Acquires Development Site At 101-103 Luquer Street Brooklyn For $5.25M

101-103 Luquer Street

See Similar Deals
Development Site5,217 SF
Sold 03/25/2026
Jakub Nowak
+ 1
Contact now

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$1,006
Total Square Footage:5,217 SF
Transaction Type:Sale

The property asset involved in this transaction is a development site located at 101-103 Luquer Street in Brooklyn. The sale price for this site was $5,250,000, with a total building square footage of 5,217 and a price per square foot of $1,006. The site has a building size factor of 10,434 square feet, resulting in a price per building square foot of $503.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $5,250,000
  • Address: 101-103 Luquer Street
  • Market: Brooklyn
  • Building Square Footage: 5,217
  • Price per Square Foot: $1,006
  • Building Size Factor: 10,434
  • Price per Building Square Foot: $503
  • Buyer: Eli Scharf
  • Seller: Jennifer Deluna
  • Broker: Jakub Nowak & Jesse Kay - The Nowak Group of Marcus & Millichap

This transaction highlights the roles of key individuals, with Eli Scharf acting as the buyer and Jennifer Deluna as the seller. The brokers facilitating the deal are Jakub Nowak and Jesse Kay from The Nowak Group of Marcus & Millichap, who note that this transaction sets a new price record for Carroll Gardens, indicating the continued demand for well-located residential condo development sites in Brooklyn.

Players

Jesse Kay
28 deals$114.1M volume(718) 475-4321
BROKER

Jakub Nowak
Marcus & Millichap
87 deals$471.9M volume
BROKER


1 deal$5.3M volume
SELLER

Details

SOLD
IMAGE: Jakub Nowak & Jesse Kay DATE: 3/25/2026 ADDRESS: 101-103 Luquer Street MARKET: Brooklyn ASSET TYPE: Development Site BUYER: Eli Scharf SELLER: Jennifer Deluna BROKERS: Jakub Nowak (@Jakub_H_Nowak @The_Nowak_Group) & Jesse Kay (@Bk.By.Kay) - The Nowak Group of Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $5,250,000 BSF: 10,434 ~ PPBSF: $503 SF: 5,217 ~ PPSF: $1,006 NOTE FROM BROKER: at $503 / ZSF this transaction sets a new price record for Carroll Gardens and reflects the continued strength of Brooklyn’s condominium market. Well-located residential condo development sites are in high demand, and we’re seeing sustained competition from developers across Brownstone Brooklyn. With limited supply, deals like this continue to push land values higher across the neighborhood. If you’re considering selling or want insight into current pricing, call Jesse Kay at (718) 475-4321 or Jakub Nowak at (718) 475-4353.

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