East New York CLT Acquires Industrial Property From Yuriy Rubinov For $2,300,000 In Brooklyn

The property asset involved in this transaction is an industrial building located at 161 Jamaica Avenue in Brooklyn. The sale price was $2,300,000, with an approximate size of 9,800 square feet, resulting in a price per square foot of $234.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,300,000
• Address: 161 Jamaica Avenue
• Market: Brooklyn
• Square Footage: 9,800
• Price per Square Foot: $234
• Buyer: East New York CLT
• Seller: Yuriy Rubinov - 161 Bracha
• Seller's Representative: Lina Shi - S10 Realty Group

Lina Shi of S10 Realty Group represented the seller in this transaction, achieving a full asking price and exceeding the seller's initial expectations. There is an indication of increased buyer activity in the market, and interested parties can contact Lina Shi at 646-286-2019 for further inquiries.