RJ Capital Acquires Development Site In Columbia Street For $3.7M
55-61 Summit Street
17,600 SF
Summary
A development site located at 55-61 Summit Street in the Columbia Street Waterfront District of Brooklyn has been sold for a price of $3,725,000. The site has a buildable square footage (BSF) of 17,600, resulting in a price per BSF of $211. It was acquired by RJ Capital, a company affiliated with the Abramov Family, while the seller consisted of Pilot Real Estate and Horrigan Companies, with Chris Horrigan representing the firms.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,725,000
- Address: 55-61 Summit Street
- Market: Columbia Street Waterfront District
- BSF: 17,600
- PPBSF: $211
Dan Marks, Peter Matheos, and Mike Rafter from TerraCRG acted as the brokers in this deal, representing the buyer and seller. They played a crucial role in facilitating the transaction and ensuring a smooth process for both parties involved.
Players
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5
Agents
3
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2
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