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Armel Family Sells Industrial Building At 193-199 Varet Street For $3.255M In Williamsburg

Property Image
SOLD
$3,255,000
Benjamin Vago, Esq.
Sean R. Kelly, Esq.

New York

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Industrial11,283 SF
Sold 08/15/2024
the dealplayerscompscontact
Property Image
SOLD

Armel Family Sells Industrial Building At 193-199 Varet Street For $3.255M In Williamsburg

199 Varet Street

See Similar Deals
Industrial11,283 SF
Sold 08/15/2024
Benjamin Vago, Esq.
Sean R. Kelly, Esq.
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$288
Total Square Footage:11,283 SF
Transaction Type:Sale

This industrial property, located at 193-199 Varet Street in Williamsburg, was sold for $3,255,000. The asset encompasses a total of 11,283 square feet, which includes a building of 3,783 square feet and a vacant lot of 7,500 square feet. The price per square foot for the transaction was $288.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,255,000
  • Square Footage: 11,283 SF
  • Price per Square Foot: $288
  • Address: 193-199 Varet Street
  • Market: Williamsburg
  • Seller: Armel Family
  • Brooks: Sean R. Kelly & Benjamin Vago - Ariel Property Advisors

Sean R. Kelly and Benjamin Vago of Ariel Property Advisors represented the seller, Armel Family, in this transaction. This sale marks the second asset on the block that Ariel Property Advisors has sold recently, with another asset currently in contract.

Players

Sean R. Kelly, Esq.
Ariel Property Advisors
Sean R. Kelly, Esq.
56 deals$529.8M volume
BROKER
Benjamin Vago, Esq.
Ariel Property Advisors
Benjamin Vago, Esq.
24 deals$244.9M volume
BROKER

Details

SOLD
IMAGE: Sean R. Kelly & Benjamin Vago DATE: 08/15/2024 ADDRESS: 193-199 Varet Street MARKET: Williamsburg ASSET TYPE: Industrial SELLER: Armel Family BROKERS: Sean R. Kelly & Benjamin Vago - Ariel Property Advisors (@ArielPA.NYC) SALE PRICE: $3,255,000 SF: 11,283 ~ PPSF: $288 NOTE FROM BROKER: This industrial building (3,783 SF) with a vacant lot (7,500 SF) is the second asset on the block that Ariel Property Advisors has sold recently, with an additional asset on the block in contract.

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