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Bluejay Management Acquires Development Site In Brooklyn For $4.2M

1233-1237 Eastern Parkway
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This Development Site property located in NY was sold about 6 years ago. The brokers of the deal were Joshua "Josh" Sabzevari and DJ Johnston

A development site located at 1233-1237 Eastern Parkway in Brooklyn, New York has been sold for a price of $4,200,000. The property consists of 24,213 square feet of buildable space and was sold at a rate of $175 per square foot.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $4,200,000
  • Address: 1233-1237 Eastern Parkway, Brooklyn, New York
  • Market: Brooklyn
  • Buildable Square Footage: 24,213 sf
  • Price per Buildable Square Foot: $175

Bluejay Management, represented by Marc Jacobowitz, acquired the property from Yehuda Cohen. The sale was brokered by The Johnston Team of Cushman and Wakefield, with DJ Johnston and Joshua Sabzevari serving as the representatives for the buyer.

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Deals
  • Location
    1233 Eastern Pkwy, Brooklyn, NY 11213, USA1233 Eastern Pkwy, Brooklyn, NY 11213, USA
  • Area
    24,213 SF24,213 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

DJ Johnston

DJ Johnston

Deals70
Financed$398.4M

Agencies

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

Deal Summary

IMAGE: Marc Jacobowitz, DJ Johnston and Joshua Sabzevari DATE: 01/17/18 ADDRESS: 1233-1237 Eastern Parkway CITY: New York MARKET: Brooklyn ASSET TYPE: Development Site PRICE: $4,200,000 BSF: 24,213 sf PPBSF: $175 SELLER: Yehuda Cohen BUYER: Bluejay Management – Marc Jacobowitz BROKER: The Johnston Team of Cushman and Wakefield (@thejohnstonteam_cwbrooklyn); DJ Johnston, Joshua Sabzevari

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1233-1237 Eastern Parkway

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