The Reel

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A blog for breaking sales and neighborhood real estate news.

A development site at 976 Fulton Street, located between Grand Avenue and Cambridge Place in Brooklyn's Fort Greene neighborhood, was sold in an all cash transaction valued at $1,250,000.

 The site consists of a single-story retail building on a 42' x 100' lot and has a total of 16,800 buildable square feet.  The sale price equates to approximately $75 per buildable square foot.

 "This site was purchased by a developer who plans to construct a mixed-use condominium building," said Massey Knakal Director of Sales Stephen Palmese who exclusively handled this transaction.

Click here for press release

Neighborhoods: Fort Greene/ Agents: Stephen Palmese