Sam Alison-Mayne Of Tankhouse & Lonicera Partners Acquires Development Site From First Baptist Church For $28.25M

The property asset involved in the transaction is a development site located at 360 Schermerhorn Street in Downtown Brooklyn. The transaction was executed at a price of $28,250,000, with a building square footage of 145,000 and a price per building square foot of $195.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $28,250,000
• Address: 360 Schermerhorn Street
• Market: Downtown Brooklyn
• Building Square Footage: 145,000
• Price Per Building Square Foot: $195
• Buyer: Sam Alison-Mayne - Tankhouse & Lonicera Partners
• Seller: First Baptist Church

Sam Alison-Mayne represents Tankhouse & Lonicera Partners in this transaction, acquiring the First Baptist Church property with plans to demolish the existing structure to make way for a new residential project.