The transaction involves an industrial asset located at 34 Richards Street in Brooklyn, with a sale price of $5,650,000. The property encompasses 10,000 square feet, resulting in a price per square foot of $565. This sale marks a historical price record for an industrial building in the Red Hook area.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,650,000
• Square Footage: 10,000
• Price Per Square Foot: $565
• Seller: Irina Constantine & Vincent Malerba
• Buyer's Representative: Haritini Pandis
• Brokers: Jakub Nowak & Jesse Kay - Marcus & Millichap

This transaction was facilitated through a comprehensive marketing campaign that generated over a dozen written offers. Acknowledgment is given to Haritini Pandis of Compass for collaboration throughout the process.