Ceasar Salama Of KSR Development & Mortar Group Acquires Development In Brooklyn Heights For $6.05M

The property involved in this transaction is a development asset located at 103 Joralemon Street in the Brooklyn Heights market. The sale was completed for a price of $6,050,000. The asset comprises 5 units, resulting in a price per unit of $1,210,000. It offers a total square footage of 6,700, translating to a price per square foot of $903.

Summary of transaction details:

• Property Type: Development
• Transaction Amount: $6,050,000
• Units: 5
• Price Per Unit: $1,210,000
• Square Footage: 6,700
• Price Per Square Foot: $903
• Buyer: Ceasar Salama - KSR Development & Mortar Group
• Brokers: Andrew Manasia, Remi Norris & Thomas Horrigan - Terra CRG

Ceasar Salama represented KSR Development and Mortar Group in this acquisition. The deal was facilitated by the brokerage team of Andrew Manasia, Remi Norris, and Thomas Horrigan, all of whom are affiliated with Terra CRG.