SOLD
CW Realty Acquires Development Site In Dumbo, Brooklyn For $19.85M
251 Front Street
Development Site
400,000 SF
400,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Development Site
400,000 sqft
The development site located at 251 Front Street in Dumbo, Brooklyn has been sold for a price of $19,850,000. The property spans 40,000 square feet in terms of buildable square footage (BSF) and has a price per buildable square foot (PPBSF) of $496. This transaction marks the transfer of ownership from the seller, 251 Front Street Realty Inc. represented by Paul Tocci, to the buyer, CW Realty represented by Cheskie Weisz.
Summary of transaction details
- Property Type: Development site
- Transaction Amount: $19,850,000
- Buildable Square Footage: 40,000
- Price per Buildable Square Foot: $496
- Address: 251 Front Street, Dumbo, Brooklyn
The deal was facilitated by brokers Brendan Maddigan, Ethan Stanton, Stephen Palmese, Michael Mazzara, and Winfield Clifford. These individuals played key roles in representing the seller and buyer throughout the transaction process.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Pat Maddigan, @BrendanMaddigan, Ethan Stanton (@Snipa_Stanton), @CheskieWeisz , @StephenPalmese, Michael Mazzara, Winfield Clifford
DATE: 06/19/2020
ADDRESS: 251 Front Street
MARKET: Dumbo, Brooklyn
ASSET TYPE: Development site
SALE PRICE: $19,850,000
BSF: 40,000
PPBSF: $496
SELLER: 251 Front Street Realty Inc. – Paul Tocci
BUYER: CW Realty – Cheskie Weisz
BROKERS: Brendan Maddigan, Ethan Stanton, […]View on map
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Address251 Front Street
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