Eric Perlmutter Acquires Industrial Building At 39 Dobbin Street In Brooklyn For $1.85M

The industrial building located at 39 Dobbin Street in Brooklyn has sold for $1,850,000. The property, which spans 1,875 square feet, has a price per square foot of $986. It is situated in the Williamsburg-Greenpoint Industrial Business Zone and is zoned M1-1.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,850,000
• Square Footage: 1,875
• Price per Square Foot: $986
• Address: 39 Dobbin Street
• Market: Brooklyn
• Buyer's Representative: Aaron Mazor & Kelsey Hiscano - Compass
• Seller's Representatives: Shaun Riney, Michael (Mike) Salvatico & Harrison Rich - Marcus & Millichap

The New York Multifamily Team has facilitated the sale and is actively marketing development sites in the Northside Williamsburg and Greenpoint areas. The transaction highlights a noteworthy trade in the industrial market, with the building transferring hands just under the $1,000/SF mark.