Dmitros Angelos Purchases Industrial Building At 289 Scholes Street In Williamsburg For $7.3M

The property involved in this transaction is an industrial building located at 289 Scholes Street, Williamsburg, Brooklyn. The sale price was $7,300,000, encompassing a total space of 16,500 square feet, which translates to a price per square foot of $442.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,300,000
• Address: 289 Scholes Street
• Market: Williamsburg, Brooklyn
• Square Footage: 16,500
• Price Per Square Foot: $442
• Buyer's Representative: Nathan Horne - Compass
• Seller's Representatives: Eitan Hakami & Ryan Maltz - Greiner-Maltz Real Estate

The transaction was facilitated by Nathan Horne of Compass, who represented the buyer, Dmitros Angelos. Eitan Hakami and Ryan Maltz of Greiner-Maltz Real Estate represented the seller, managing the complexities of the deal effectively. The buyer's representative noted the significant value-add potential of the property.