Two neighboring residential development sites in East Williamsburg, Brooklyn, have sold for $5.45 million. They include the $2.35 million sale of 30 Bushwick Ave. and 32 Bushwick Ave for $3.1 million to Anthony Morena + Mortar Group. The vacant 30 Bushwick Ave., a 2,081-square-foot site, has approved plans for a five-story mixed-use elevator building featuring eight units, allowing for a total of 7,180 buildable square feet. Commercial real estate brokerage TerraCRG said the irregular sized lot posed some challenges when marketing so it reached out to neighboring site owners.
Read more here.