Murray McCabe Acquires Fort Greene Hospital In Brooklyn From Simon Dushinsky For $75M

The property involved in this transaction is a hospital located at 240 Willoughby Street in the Fort Greene market of Brooklyn. It was sold for $75,000,000, with a building square footage of 161,845 and a price per square foot of $463. The total lot size of the asset is 30,744 square feet, and it has a zoning designation of R6 with a floor area ratio (FAR) of 5.26. The last sale price of the property was $95,000,000, which occurred on December 8, 2019.

Summary of transaction details:

• Property Type: Hospitals
• Transaction Amount: $75,000,000
• Address: 240 Willoughby Street
• Market: Fort Greene, Brooklyn
• Building Square Feet (BSF): 74,708
• Price Per Building Square Foot (PPBSF): $1,004
• Total Square Feet (SF): 161,845
• Price Per Square Foot (PPSF): $463
• Floor Area Ratio (FAR): 5.26
• Tax Class: 4
• Lot Size: 30,744
• Last Sale Price: $95,000,000 (12/08/2019)

The deal was finalized with Murray McCabe as the buyer and Simon Dushinsky as the seller, facilitating the transaction without further involvement from additional parties. The brokerage information indicates that there were no listed representatives for either the buyer or the seller in this deal.