The Sela Family Acquires Industrial Warehouse From Moey Inc For $2.75 Million In Brooklyn

The property asset involved in this transaction is a 6,000 square foot single-story warehouse located at 177 27th Street in Brooklyn, specifically in the Sunset Park neighborhood. The sale price was $2,750,000, which translates to a price per square foot of $458.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $2,750,000
• Square Footage: 6,000
• Address: 177 27th Street
• Market: Brooklyn
• Buyer: The Sela Family
• Seller: Moey Inc
• Brokers: Jason Grunberg & Jake Torre - SAB Capital
• Price Per Square Foot: $458

This deal was facilitated by Jake Torre and Jason Grunberg of SAB Capital, who conducted a comprehensive marketing campaign that included a total of 34 tours and attracted 18 written offers. This all-cash, non-contingent transaction resulted in the property selling for $250,000 above the asking price.