NEW YORK CITY—Two development sites in Williamsburg have been sold in all-cash transactions with an aggregate value of more than $39 million. Located at 184-186 and 204-206 Bedford Ave., the transactions were done record setting levels.

Between North Sixth and North Seventh streets, 184-186 Bedford Ave. is an approximately 6,400 buildable square foot development site that offers 40 feet of frontage. The property was sold for over $21 million, equating to approximately $3,230-per-buildable-square-foot.

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