NEW YORK—A development site located at 343-345 Berry Street in Brooklyn’s Williamsburg neighborhood has sold for $710,000 in an all-cash transaction.

Massey Knakal’s Vice President of Sales Mark Lively handled the transaction with Brendan Maddigan, director of sales.

The site currently consists of a vacant house and an empty lot. Together, the lots total approximately 4,590 buildable sq. ft. The sale price equates to approximately $155 per buildable sq. ft.