SOLD
Safdiah Family Sells Industrial Asset In Sunset Park, Brooklyn For $7.75M
129 31st Street
Industrial
15,000 SF
15,000 SF
Sold 35 days ago
Summary
Sale
NEW YORK
Industrial
15,000 sqft
The industrial property located at 129 31st Street in Sunset Park, Brooklyn, was recently sold for $7,750,000. Spanning 15,000 square feet, the property was acquired at a rate of $517 per square foot in an all-cash transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,750,000
- Address: 129 31st Street
- Market: Sunset Park, Brooklyn
- Seller: Safdiah Family
- Brokers: Jake Torre, Jason Grunberg & Charles Everett - SAB Capital
- Square Footage: 15,000
- Price per Square Foot: $517
Jake Torre, Jason Grunberg, and Charles Everett of SAB Capital successfully closed the deal on this industrial property. With a robust marketing strategy, they were able to facilitate 18 tours of the property and received 8 written offers. The buyer, identified as a local end-user, finalized the purchase at $7,750,000 in an all-cash, non-contingent deal.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Jake Torre, Jason Grunberg & Charles Everett
DATE: 03/21/2024
ADDRESS: 129 31st Street
MARKET: Sunset Park, Brooklyn
ASSET TYPE: Industrial
SELLER: Safdiah Family
BROKERS: Jake Torre (@J_Torre38), Jason Grunberg (@JasonG92) & Charles Everett - SAB Capital (@SabCapital)
SALE PRICE: $7,750,000
SF: 15,000 ~ PPSF: $517
NOTE FROM BROKER: Jake Torre, Jason Grunberg, and Charles Everett just closed on this industrial opportunity in Sunset Park.
Through a comprehensive marketing process, our team was able to generate 18 tours and 8 written offers. The buyer, a local end-user, closed on the property at $7,750,000, or $517/SF in an all-cash transaction. The offer was completely non-contingent.View on map
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Address129 31st Street
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