Daniel Apice Acquires Industrial Property From Jorge Ferrandez In Brooklyn For $1.65M

The industrial property located at 1380 Utica Avenue in Brooklyn was transacted for $1,650,000 with a size of 5,000 square feet, resulting in a price per square foot of $330. The sale involved Daniel Apice as the buyer and Jorge Ferrandez as the seller. The transaction was facilitated by Thomas Higgins from Douglas Elliman.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $1,650,000
• Address: 1380 Utica Avenue
• Market: Brooklyn
• Buyer: Daniel Apice
• Seller: Jorge Ferrandez
• Broker: Thomas Higgins - Douglas Elliman
• SF: 5,000
• PPSF: $330

The involvement of Thomas Higgins from Douglas Elliman as the broker underscores the professional representation extended to both the buyer, Daniel Apice, and the seller, Jorge Ferrandez, in the industrial property sale. This successful transaction reflects the expertise and negotiation skills of the individuals and entities involved, further solidifying their positions in the real estate market.