YS Developers & Rabsky Group Acquire Development Site In Brooklyn For $23.5M

1150 Broadway

$23,500,000

$175/SF

Building Size

133,917 SF

Asset Type

Development Site

Closing

Jul 31, 2026

AI

The asset involved in this transaction is a development site located at 1150 Broadway in Brooklyn. The property has a sale price of $23,500,000 and encompasses a total square footage of 133,917, equating to a price per square foot of $175.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $23,500,000
Buyer: YS Developers & Rabsky Group
Seller: A-PLUS International Realty
Brokers: Brendan Maddigan, Steven Rutman, Michael Mazzara & Ethan Stanton - JLL

The brokerage team representing this transaction includes Brendan Maddigan, Steven Rutman, Michael Mazzara, and Ethan Stanton from JLL, facilitating the negotiations between the buyer and seller.

Players