Brooklyn investor Phillip Miller pays $4.2M to estate of Luis Rivera for parking lot in Williamsburg

Phillip Miller through the entity Bedford North 1 LLC paid the estate of Luis Rivera $4.2 million for 150 North 1st Street in Williamsburg. The deal closed on May 15, 2020, and was recorded on May 21, 2020. The transaction consists of 1 parcel, including the tax class unlicensed parking lot (G7). The parcel(s) have total development potential of 5,472 square feet.
The average sale price per square foot is $758.

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