Shaun Gerrick Acquires Industrial Property In Brooklyn For $1.2M

The industrial property located at 1400 Utica Avenue in Brooklyn has been sold. The property spans 4,000 square feet and was sold for a total price of $1,200,000, translating to a price per square foot of $300. The transaction took place on April 26, 2023.

Summary of Transaction Details:

• Property Type: Industrial
• Transaction Amount: $1,200,000
• Address: 1400 Utica Avenue, Brooklyn
• Market: Brooklyn

Shaun Gerrick has purchased the property from Lillian Giacobbe. The sale was facilitated by Thomas Higgins of Douglas Elliman acting as the broker in the transaction.