Joseph Banda And Abe Gluck Acquire Development Site In Brooklyn For $10.5M With Chris Halliburton

The property involved in this transaction is a development site located at 1084 Pacific Street in the Brooklyn market. The site was sold for a price of $10,500,000, with a building square footage (BSF) of 55,000, resulting in a price per building square foot (PPBSF) of $190. The site also has a total square footage (SF) of 5,084, leading to a price per square foot (PPSF) of $2,065.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,500,000
• Buyer: Joseph Banda & Abe Gluck
• Seller: Renaye Cuyler
• Broker: Chris Halliburton - Compass

The transaction saw Joseph Banda and Abe Gluck as the buyers, acquiring the site from seller Renaye Cuyler. The broker facilitating the deal was Chris Halliburton from Compass, representing the interests of the parties involved in this transaction.