Serabjit Singh Acquires Development Site In Brooklyn For $13.5M | 257 Washington Avenue | Mike Rafter, Daniel (Dan) Lebor, Dan Marks | Development Site | Sale

Summary

Sale

NEW YORK

Development Site

32,000 sqft

A development site located at 257 Washington Avenue in Brooklyn's Clinton Hill neighborhood has been sold for $13,500,000. The property spans 32,000 square feet, resulting in a price per buildable square foot of $421. The transaction involved buyer Serabjit Singh and seller Brookland Capital.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $13,500,000
Address: 257 Washington Avenue
Market: Brooklyn, Clinton Hill
Buyer: Serabjit Singh
Seller: Brookland Capital

The deal was facilitated by Dan Marks, Dan Lebor, and Mike Rafter of TerraCRG, who represented the buyer and seller in the transaction.

Players

All
4

Agents
3
Agencies
1

$32.5M Sold

$621.3M Sold

$599.2M Sold

Details

Deal Summary

SOLD

IMAGE: Dan Marks, Daniel Lebor, Peter Matheos, Mike Rafter & Boaz Gilad DATE: 08/05/2019 ADDRESS: 257 Washington Avenue MARKET: Brooklyn, Clinton Hill ASSET TYPE: Development Site BUYER: Serabjit Singh SELLER: Brookland Capital BROKER: Dan Marks, Dan Lebor, Mike Rafter @terracrg PRICE: $13,500,000 BSF: 32,000 / PPBSF: $421

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Address257 Washington Avenue

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