Rich Lam Purchases Development Site At 337 Atlantic Avenue Brooklyn For $2.5M With Jon Kamali And Louis Puopolo As Brokers

The property involved in this transaction is a development site located at 337 Atlantic Avenue in the Brooklyn market. The asset was sold for a total price of $2,500,000. It encompasses a total square footage of 2,362, resulting in a price per square foot of $1,058.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,500,000
• Address: 337 Atlantic Avenue
• Market: Brooklyn
• Square Footage: 2,362
• Price per Square Foot: $1,058
• Buyer: Rich Lam
• Seller: Nam Cha
• Buyer's Representative: Jon Kamali - J3K Real Estate
• Seller's Representative: Louis Puopolo - Douglas Elliman Commercial

This transaction was facilitated by Jon Kamali representing the buyer, Rich Lam, and Louis Puopolo serving as the representative for the seller, Nam Cha. Their involvement highlights the significant roles played by both parties in successfully executing this sale.