The Collective Acquires Development Site In Bedford-Stuyvesant For $32.5M
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This Development Site property located in NY was sold for $32,500,000 about 5 years ago. The brokers of the deal were DJ Johnston and David Johnstone
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- Location1215 Fulton Street, Brooklyn, NY 11216, USA
- Sale Price$32,500,000$862 PPSF
- Area37,700 SF
- Asset TypeDevelopment Site
- Parties2 Brokers, 1 Agency
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Deal Summary
SALE
IMAGE: @Joseph_Hamway & DJ Johnston
DATE: 02/28/2019
ADDRESS: 1215 Fulton St.
MARKET: Bedford-Stuyvesant, BK
ASSET TYPE: Development Site
SALE PRICE: $32.5M
BSF: 165K
PPBSF: $196
SELLER: Joseph Hamway - Industrie Capital Partners
BUYER: The Collective
BROKER: DJ Johnston @B6RealEstate
NOTE: The Collective is a co-living company out of Europe. They are planning to maximize the full 165,000 BSF to build a fully amenitized co-living campus in the heart of Bed-Stuy.
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1215 Fulton Street
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