The Sorkin Family Sells 120 Court Street Development Site In Cobble Hill For $30 Million

The property asset involved in the transaction is a development site located at 120 Court Street in the Cobble Hill market. The sale was executed for a price of $30,000,000, encompassing a total square footage of 57,420, which translates to a price per square foot of $522.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $30,000,000
• Address: 120 Court Street
• Market: Cobble Hill
• Square Footage: 57,420
• Price per Square Foot: $522
• Seller: The Sorkin Family
• Broker Representatives: Daniel O'Brien, Caroline Hodes, Loren Valla & Henry Hill - Newmark

The deal involved notable brokers, Daniel O'Brien, Caroline Hodes, Loren Valla, and Henry Hill, representing the seller, The Sorkin Family. Their roles were pivotal in facilitating this high-value transaction within the development site sector of the market.