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145 Wolcott Street
SOLD

Bain Capital & Bungalow Projects Acquire Industrial Property In Red Hook For $34M

145 Wolcott Street

Development Site
80,000 SF
clock iconSold 74 days ago
Daniel (Dan) O'Brien
Caroline Hodes
David Behin
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Summary

Sale
NEW YORK
Development Site
80,000 sqft

An industrial property located at 145 Wolcott Street in Red Hook was recently sold for $34,024,939. The property spans 80,000 square feet, translating to a price per square foot of $425. Additionally, the building size is 225,000 square feet, amounting to a price per square foot of $151.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $34,024,939
  • Address: 145 Wolcott Street
  • Market: Red Hook

The sale was facilitated by brokers David Behin, Daniel O'Brien, and Caroline Hodes from Newmark. The buyers, Bain Capital & Bungalow Projects, acquired the property from the sellers, Four Points & 20 Lakes Holding, in this significant transaction.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Daniel (Dan) O'Brien's profile picture
Daniel (Dan) O'Brien
Newmark-image
Executive Managing Director
$2.6B Sold
Caroline Hodes's profile picture

Details

Deal Summary
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SOLD
IMAGE: David Behin, Daniel O'Brien & Caroline Hodes DATE: 04/29/2024 ADDRESS: 145 Wolcott Street MARKET: Red Hook ASSET TYPE: Industrial BUYER: Bain Capital & Bungalow Projects SELLER: Four Points & 20 Lakes Holding BROKERS: David Behin, Daniel O'Brien & Caroline Hodes (@CarolineHodes) - Newmark (@Newmark) SALE PRICE: $34,024,939 SF: 80,000 ~ PPSF: $425 BSF: 225,000 ~ PPBSF: $151

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Address145 Wolcott Street

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