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Storage Deluxe Acquires Development Site In East Williamsburg For $14.6M

Property Image
SOLD
$14,600,000

New York

See Similar Deals
Development Site160,000 SF
Sold 07/12/2022
the dealdetailscomps
Property Image
SOLD

Storage Deluxe Acquires Development Site In East Williamsburg For $14.6M

74 Bogart Street, Brooklyn, New York 11206, United States

See Similar Deals
Development Site160,000 SF
Sold 07/12/2022
the dealdetailscomps

Summary

NEW YORK
Asset Type:Development Site
Price Per Square Foot:$91
Total Square Footage:160,000 SF
Transaction Type:Sale

Storage Deluxe has acquired a development site in East Williamsburg for $14,600,000. The property, located at 74 Bogart Street, has a total square footage of 160,000. The buyer purchased the asset from NexPoint Storage Partners. The transaction took place on July 12, 2022.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $14,600,000
  • Address: 74 Bogart Street, East Williamsburg
  • Seller: NexPoint Storage Partners
  • Buyer: Storage Deluxe
  • Market: East Williamsburg
  • BSF: 160,000
  • PPBSF: $90

The buyer, Storage Deluxe, made the transaction through their representative, Steven J. Guttman, Nicholas S. Coslov, and Steven Novenstein. The seller, NexPoint Storage Partners, was represented by their own representative. The deal marks a significant investment for Storage Deluxe in the East Williamsburg market.

Players

SD
Storage Deluxe
BUYER
NP
NexPoint Storage Partners
SELLER

Details

SOLD
IMAGE: Steven J. Guttman, Nicholas S. Coslov & Steven Novenstein (@SNovens) DATE: 07/12/2022 ADDRESS: 74 Bogart Street MARKET: East Williamsburg ASSET TYPE: Development Site BUYER: Storage Deluxe SELLER: NexPoint Storage Partners SALE PRICE: $14,600,000 BSF: 160,000 ~ PPBSF: $90

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