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Rick A Mathews Acquires Warehouse Property In Greenpoint, Brooklyn For $38M

Property Image
SOLD
$38,000,000

New York

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Industrial58,152 SF
Sold 12/03/2021
the dealdetailscomps
Property Image
SOLD

Rick A Mathews Acquires Warehouse Property In Greenpoint, Brooklyn For $38M

301 Norman Avenue, Brooklyn, New York 11222, United States

See Similar Deals
Industrial58,152 SF
Sold 12/03/2021
the dealdetailscomps

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$653
Total Square Footage:58,152 SF
Transaction Type:Sale

A warehouse located at 301 Norman Avenue in Greenpoint, Brooklyn has been sold in a recent transaction. The property, zoned as M3-1, offers a total lot size of 78,740 square feet and boasts dimensions of 155 feet by 508 feet. With a floor area ratio (FAR) of 0.74, the warehouse encompasses 58,152 square feet of interior space. The transaction took place on December 3, 2021.

Summary of Transaction Details:

  • Property Type: Warehouse
  • Sale Price: $38,000,000
  • Price per Square Foot: $653
  • Building Square Footage: 58,152
  • Land Area: 78,740 square feet
  • Zoning: M3-1
  • Previous Sale Price: $0 (on May 21, 2003)

The warehouse was acquired by Rick A Mathews from Barry Swidler. Rick A Mathews was represented by their broker, while Barry Swidler did not have a broker involved in the transaction. The property's tax class is 4, and the price per buildable square foot is $241.

Details

SOLD
IMAGE: 12/03/2021 ADDRESS: 301 Norman Avenue MARKET: Greenpoint, Brooklyn ASSET TYPE: Warehouse ~ ZONING: M3-1 BUYER: Rick A Mathews SELLER: Barry Swidler PRICE: $38,000,000 BSF: 157,480 ~ PPBSF: $241 SF: 58,152 ~ PPSF: $653 FAR: 0.74 TAX CLASS: 4 LOT SIZE: 78,740 LAST SALE PRICE: 0 (5/21/2003) LOT DIMENSION: 155 ft x 508 ft

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