Marcus Jecklin Acquires Dev Site In East New York, Brooklyn For $800,000

Located in East New York, Brooklyn, the property at 2709 Fulton Street has been sold in a recent transaction. The asset, a development site, was purchased for a price of $800,000. Spanning across 22,500 square feet, the property offers significant potential for development. The price per buildable square foot (PPBSF) stands at $35, making it an attractive investment opportunity.

Summary of transaction details

• Property Type: Dev Site
• Transaction Amount: $800,000
• Buyer: Marcus Jecklin
• Seller: Juan Rivas
• Broker: Anthony Celifarco
• Address: 2709 Fulton Street
• Market: East New York, Brooklyn
• BSF: 22,500
• PPBSF: $35

The buyer of the property is Marcus Jecklin, while Juan Rivas acted as the seller. Representing the transaction is Anthony Celifarco, a broker from Celifarco Real Estate. This deal showcases the potential for development in the East New York market, with the property providing ample space for future projects.