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Brokerage
Posted: February 25, 2013
Dario and Rufrano of KDA complete $4.2 million sale of 15,000 s/f development site
According to Kalmon and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged the sale of a 15,000 s/f development site at 442 Grand St. in the Williamsburg section for $4.2 million.
James Dario Jr. and Fred Rufrano of KDA represented the buyer, Ideal Development, and the seller, Keap Grand, LLC.
The 15,000 s/f development site takes up a full block on Grand St. between Hooper and Keap Sts. The buyer plans to develop rental apartments on the site - a former gas station - which offers 45,000 buildable s/f.
The new building is slated to have ground floor retail with 476 ft. of frontage on three streets, and on-site parking.
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