$2,500,000 · Development site

155-159 Newport Street, Brownsville, Brooklyn

The transaction

A development site on Newport Street in Brownsville, an assemblage running back off the street past a working machine shop and a row of garages. What sold here was the buildable area, not the buildings on it, so the trade turned on zoning, lot geometry and whether the buyer could finance and actually build. Closed at $2,500,000 in May 2026.

Deal facts