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Jacques Vidal Purchases Industrial Property From John Mariolis In Brooklyn For $3.1M

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SOLD
$3,100,000

New York

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Industrial22,558 SF
Sold 05/15/2026
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Property Image
SOLD

Jacques Vidal Purchases Industrial Property From John Mariolis In Brooklyn For $3.1M

39 15th Street

See Similar Deals
Industrial22,558 SF
Sold 05/15/2026
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$137
Total Square Footage:22,558 SF
Transaction Type:Sale

The property involved in this transaction is located at 39 15th Street in Brooklyn. This industrial asset has a sale price of $3,100,000 and encompasses a total square footage of 22,558, resulting in a price per square foot of $137.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,100,000
  • Buyer: Jacques Vidal
  • Seller: John Mariolis
  • Brokers: Jake Torre & Jason Grunberg - SAB Capital
  • Market: Brooklyn
  • Square Feet: 22,558
  • Price per Square Foot: $137

Jake Torre and Jason Grunberg represented the seller, John Mariolis, in the sale of the property. Their approach involved extensive outreach, making thousands of calls to generate interest among developers, investors, and end-users. This strategy yielded 14 property tours, 7 offers, and culminated in a non-contingent contract with a local artist who intends to use the building for an art gallery and studio for other Brooklyn-based artists.

Players

Jason Grunberg
27 deals$131.9M volume(516) 605-7459
BROKER

Jake Torre
SAB Capital
21 deals$89.9M volume(646) 536-2032
BROKER

Details

SOLD
IMAGE: Jake Torre & Jason Grunberg DATE: 5/15/2026 ADDRESS: 39 15th Street MARKET: Brooklyn ASSET TYPE: Industrial BUYER: Jacques Vidal SELLER: John Mariolis BROKERS: Jake Torre (@J_Torre38) & Jason Grunberg (@JasonG92) - SAB Capital (@SabCapital) SALE PRICE: $3,100,000 SF: 22,558 ~ PPSF: $137 NOTE FROM BROKER: After being hired by the owners to represent them in the sale of the property, our team understood that to get the highest price/best terms for this unique building, we needed to cast the largest net possible. And with the building not having a Certificate of Occupancy, as well as being overbuilt and not built to code, we knew that required direct calls to prospective buyers, not emails. So we got to work. In the first 6 weeks of marketing, we made thousands of calls to developers, investors, and end-users. And this broad marketing strategy worked. 14 tours, 7 offers, and 2 contracts later, we entered into a non-contingent contract (with a 2-week closing timeframe) with a local artist. He plans to utilize the building for his own art gallery and as an art studio for other Brooklyn-based artists.

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