Artlife Development Acquires Development Site In Greenpoint, BK For $4.7M

175 McGuinness Boulevard, Greenpoint, Brooklyn, NY, USA

$4,700,000

$311/SF

Building Size

15,100 SF

Asset Type

Development Site

Closing

Jan 30, 2019

AI

A development site located at 173-175 McGuinness Blvd in Greenpoint, Brooklyn has been sold for a price of $4.7 million. The property spans 15,100 square feet and has a price per buildable square foot of $311. The sale was finalized on January 31, 2019.

Summary of transation details

Property Type: Development Site
Transaction Amount: $4.7 million
Address: 173-175 McGuinness Blvd, Greenpoint, Brooklyn
Market: Greenpoint, BK

The seller of the development site was James Perrone. The buyer, Artlife Development, was represented by Guy Peleg. The sale was facilitated by brokers from BRG Real Estate - Derek Bestreich, Luke Sproviero, Donal Flaherty, and Hakeem Lecky.

Players