Kurt Winrich Acquires Commercial Property In Bushwick, Brooklyn For $6.5M

The commercial property located at 427 Troutman Street in Bushwick, Brooklyn has been sold. The transaction took place on February 22, 2022, and the property was purchased for a total price of $6,500,000. The property has a building square footage (BSF) of 9,250, with a price per BSF (PPBSF) of $702. The total square footage (SF) of the property is 6,938, with a price per square foot (PPSF) of $936. The property is zoned as M1-1 and falls under tax class 4. The lot size is 9,250 square feet, with dimensions measuring 115 feet by 75 feet. The property has obtained an alteration permit on February 11, 2015, classified as "Alteration 3".

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $6,500,000
• Market: Bushwick, Brooklyn
• Zoning: M1-1
• Buyer: Kurt Winrich
• Seller: Gregg Monsees, Jr
• Building Square Footage: 9,250
• Price per Building Square Foot: $702
• Total Square Footage: 6,938
• Price per Square Foot: $936
• Far: 0.75
• Tax Class: 4
• Lot Size: 9,250
• Permits: Alteration 3 (02/11/2015)
• Lot Dimensions: 115ft x 75ft

The buyer of the property is Kurt Winrich, and the seller is Gregg Monsees, Jr.