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Singh Family Acquires Development Site On Liberty Avenue In Brooklyn For $1.4M

865 Liberty Avenue
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This Development Site property located in NY was sold for $1,400,000 over 5 years ago. The broker of the deal was Robert "Bob" Ritchie

The development site located at 865 Liberty Avenue in Brooklyn has been sold for $1,400,000. The property spans a total of 15,000 square feet, resulting in a price per square foot of $93. The sale took place on December 3, 2018.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $1,400,000
  • Seller: The Mann Family
  • Buyer: The Singh Family
  • Broker: Robert Ritchie
  • Address: 865 Liberty Avenue
  • Market: Brooklyn
  • BSF: 15,000 square feet
  • PPBSF: $93

The Mann Family, represented by Robert Ritchie, sold the development site to the Singh Family. The transaction, which closed on December 3, 2018, marks an important deal in the Brooklyn market.

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Deals
  • Location
    865 Liberty Avenue, Brooklyn, NY 11208865 Liberty Avenue, Brooklyn, NY 11208
  • Sale Price
    $1,400,000$1,400,000
    $93 PPSF$93 PPSF
  • Area
    15,000 SF15,000 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Robert "Bob" Ritchie

Robert "Bob" Ritchie

Deals1
Sold$1.4M

Agency

Sotheby's International Realty

Sotheby's International Realty

Agency
Deals1411
Volume$12.5B

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Deal Summary

SALE IMAGE: Eli Mann DATE: 12/03/2018 ADDRESS: 865 Liberty Avenue MARKET: Brooklyn ASSET TYPE: Development Site SELLER: The Mann Family BUYER: The Singh Family BROKER: Robert Ritchie SALE PRICE: $1,400,000 BSF: 15,000 ~ PPBSF: $93

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865 Liberty Avenue

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