Wildflower, Ltd. pays $5.6M to John Polsinelli for lot in Brooklyn

Adam Gordon’s Wildflower, Ltd. through the entity Flatlands Parking II LLC paid John Polsinelli’s Polsinelli Management Company $5.6 million for 771 Montauk Avenue in Brooklyn. The deal closed on October 7, 2020, and was recorded on October 20, 2020. The transaction consists of 1 parcel, including the tax class land not zoned residential or Manhattan below 110th Street (V1). The property is square feet. The parcel(s) have total development potential of 22,000 square feet.
The average sale price per square foot is $255.

The signatory for the buyer was Matthew A. Dicker.

The contract date was March 2, 2020. The parties recorded a memorandum of agreement of sale in July.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $150,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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