Willoughby & Suydam LLC Acquires Industrial Property In Bushwick For $6.75M

An industrial property located at 1288, 1292, 1294 & 1282 Willoughby Avenue & 373 Suydam Street in Bushwick, Brooklyn, was recently sold for $6,750,000. The total square footage of this property is 20,000, with a price per square foot of $338. The warehouse within the property spans across 13,825 square feet.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $6,750,000
• Address: 1288, 1292, 1294 & 1282 Willoughby Avenue & 373 Suydam Street, Bushwick, Brooklyn
• Market: Bushwick, Brooklyn
• Buyer: Willoughby & Suydam LLC
• Seller: Dronacharje Balgobin
• Broker: Greg Ngo - Oxford Property Group
• Square Footage: 20,000
• Price Per Square Foot: $338
• Warehouse Square Footage: 13,825

The transaction was facilitated by the real estate broker, Greg Ngo, representing Oxford Property Group. The buyer, Willoughby & Suydam LLC, acquired the property from the seller, Dronacharje Balgobin, in this industrial real estate deal.