Company
Editorial monogram for ICER Real Estate — not an official logo.IR

ICER Real Estate

Seller, 485 Fulton Street & 147 Lawrence Street, Downtown Brooklyn

1 Recorded Transaction
$83.5M Combined Transaction Value

Overview

ICER Real Estate is named on Hush Street's records as the seller of the 33,153-square-foot assemblage at 485 Fulton Street and 147 Lawrence Street in Downtown Brooklyn, sold to Borough Developers for $83.5 million in September 2026. The site is slated for three residential buildings, directly across from the former Macy's/BKX redevelopment.

Transactions Tracked

The Oppenheim Collins Building at 485 Fulton Street, at the corner of Lawrence Street, Downtown Brooklyn
485 Fulton Street Acquisition (Sep. 2026) $83.5M
Seller
Named as grantor on the ACRIS DEED document; confirmed as seller by Commercial Observer. The figure is the recorded sale price.

Related Properties

485 Fulton Street
Seller of the development site for $83.5 million

Sources

  1. ACRIS Document Detail — NYC ACRIS
  2. Borough Developers Sale: Downtown Brooklyn Development Site — Commercial Observer

The single recorded sale. A sale price received, not capital deployed.