SOLD
Guy Peleg Acquires Development Site In Williamsburg For $5.3M
717 Grand Street
Development Site
20,000 SF
20,000 SF
Summary
Sale
NEW YORK
Development Site
20,000 sqft
A development site located at 717 Grand Street in Williamsburg, with a lot size of 50 ft x 100 ft (5,000 SF), has been sold for a price of $5,282,500. The property is zoned as C4-4A and has a floor area ratio (FAR) of 4. The buyer of the site is Guy Peleg, while the seller is Judy Levine. The transaction took place on September 4, 2020. The property's buildable square footage (BSF) is 20,000, with a price per buildable square footage (PPBSF) of $264.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $5,282,500
- Address: 717 Grand Street
- Market: Williamsburg
- Zoning: C4-4A
The deal was facilitated by two brokers: George Koncilja from Oxford Property Group and Carson Alexander from Triple Mint.
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Details
SOLD
IMAGE: DATE: 09/04/2020
ADDRESS: 717 Grand Street
MARKET: Williamsburg
ASSET TYPE: Development Site ~ ZONING: C4-4A
BUYER: Guy Peleg
SELLER: Judy Levine
BROKERS: George Koncilja – Oxford Property Group & Carson Alexander – Triple Mint
PRICE: $5,282,500
BSF: 20,000 ~ PPBSF: $264
FAR: 4 ~ LOT SIZE: 50 ft x 100 ft (5,000 SF)
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Address717 Grand Street
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