Naftali Group Acquires 94,500 SF Waterfront Development Site in Brooklyn

NEW YORK CITY — Naftali Group LLC has acquired a 94,500-square-foot waterfront development site at 470 Kent Ave. in the Williamsburg neighborhood of Brooklyn. Certified Lumber formerly leased an existing building on the site, which will be demolished for the redevelopment of a residential or mixed-use project. The property, which overlooks the East River, is located near the Brooklyn Navy Yard mixed-use district and offers convenient access to the East River Ferry terminal and Marcy Avenue train station. Brendan Maddigan and Stephen Palmese of JLL represented the undisclosed seller in the transaction, along with Robert Burton of Cushman & Wakefield. The sales price was undisclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter

Request media kit

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties