Samuel Blank & Paul Caine's Blank Property Group Acquires Development Site In Williamsburg For $1.85M

A development site located at 31 Orient Avenue in Williamsburg, Brooklyn has been sold for a total transaction amount of $1,850,000. The property is zoned for development and has a buildable square footage (BSF) of approximately 4,400. The sale price per square foot (PPSF) is $420.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $1,850,000
• Address: 31 Orient Avenue, Williamsburg
• Market: Williamsburg
• Buyer: Samuel Blank & Paul Caine - Blank Property Group
• Seller: Jan Perrone
• BROKERS: Donal Flaherty, Luke Sproviero & Hakeem Lecky - Bestreich Realty Group @BRG_CRE

The buyer of the property is Samuel Blank and Paul Caine from Blank Property Group, while the seller is Jan Perrone. The deal was facilitated by the brokers Donal Flaherty, Luke Sproviero, and Hakeem Lecky from Bestreich Realty Group. The transaction was completed on February 3, 2021.