Michel Cohen Acquires Industrial Property In Red Hook, Brooklyn For $2.1M

The industrial property located at 158 Dikeman St in Brooklyn's Red Hook neighborhood has been sold in a closed transaction. The property spans 4,437 square feet and was listed with an asking price of $2,250,000. The sale price for this transaction was $2,100,000, resulting in a price per square foot (PPSF) of $473.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $2,100,000
• Address: 158 Dikeman St, Brooklyn, Red Hook
• Market: Brooklyn, Red Hook
• Square Footage: 4,437 SF
• Asking Price: $2,250,000
• Price Per Square Foot (PPSF): $473

The sellers of the property were Paul & Mary Lavis, while the buyer was Michel Cohen. The transaction was facilitated by Marcus & Millichap, with Jesse Kay & Jakub Nowak representing the parties involved.