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1288 Willoughby Avenue
SOLD

Isaac Litchfield Of Root Studios Acquires Industrial Buildings In Bushwick For $6.8M

1288 Willoughby Avenue

Industrial
27,650 SF
clock iconSold 62 days ago
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Summary

Sale
NEW YORK
Industrial
27,650 sqft

Three industrial buildings in Bushwick, Brooklyn, located at 1288 Willoughby Avenue & 1292 Willoughby Avenue, were recently sold in a transaction. The total sale price for these properties was $6,800,000. The buildings have a total square footage of 13,825 square feet, with a price per square foot of $492. The price per buildable square foot is $340.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,800,000
  • Buyer: Isaac Litchfield - Root Studios
  • Seller: Dronacharje Balgobin - Guyana Plating
  • Market: Bushwick, Brooklyn
  • Address: 1288 Willoughby Avenue & 1292 Willoughby Avenue

Root Studios, represented by Isaac Litchfield, acquired the industrial buildings in Bushwick. On the other side, the seller, Guyana Plating, was represented by Dronacharje Balgobin in the deal. This transaction between these entities resulted in the transfer of ownership of the industrial properties.

Details

Deal Summary
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SOLD
IMAGE: 03/15/2024 ADDRESS: 1288 Willoughby Avenue & 1292 Willoughby Avenue MARKET: Bushwick, Brooklyn ASSET TYPE: Industrial BUYER: Isaac Litchfield - Root Studios SELLER: Dronacharje Balgobin - Guyana Plating SALE PRICE: $6,800,000 BSF: 19,995 ~ PPBSF: $340 SF: 13,825 ~ PPSF: $492 NOTE: Root Studios, represented by Isaac Litchfield, acquired three industrial buildings in Bushwick, Brooklyn, from Guyana Plating, represented by Dronacharje Balgobin, for $6.8 million.

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Address1288 Willoughby Avenue

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