Details
Sadya Liberow of Asset CRG Advisors completed the sale of 31 N Elliot for $1,300,000. The site was brought to the market and a buyer was quickly identified to sign and close this development opportunity. The property was located in an Opportunity Zone and closed for $254 per buildable square foot. Comparable condo sales are $1200-$1300 per foot.
- Description: Vacant lot consisting of 5,112 buildable square feet in the heart of Fort Greene
- Neighborhood: Fort Greene
- Lot Size: 2,104 SF (25.08′ X 84.83′)
- Zoning: R6
- Cross Streets: Flushing Avenue & Park Avenue
- Transportation: [B,Q,R] subway lines at Dekalb Avenue
- Nearby Retailers: CVS Pharmacy, Starbucks, Domino’s Pizza, Walgreens and more
- Price Per Buildable Square Foot: $254
- Sold Price: $1,300,000
