BWH Group Acquires Land In Coney Island From The Roman Catholic Church For $17M

The property asset involved in this transaction is a piece of land located at 2980 Ocean Parkway in the Coney Island market. The land spans a total of 116,000 square feet and has a sale price of $17,000,000, which equates to a price per square foot of $146.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $17,000,000
• Address: 2980 Ocean Parkway
• Market: Coney Island
• Square Footage: 116,000
• Price Per Square Foot: $146
• Buyer: BWH Group
• Seller: The Roman Catholic Church of the Guardian Angel
• Brokers: Daniel O'Brien & Caroline Hodes - Newmark; Frank Liantonio - Cushman & Wakefield

Key individuals involved in this transaction include the BWH Group as the buyer and The Roman Catholic Church of the Guardian Angel as the seller. The brokers managing this deal are Daniel O'Brien and Caroline Hodes from Newmark, along with Frank Liantonio from Cushman & Wakefield.