Sabharwal Properties Acquires Industrial Property In Brownsville For $8.5M

Located at 507 Osborn Street in the Brownsville neighborhood of Brooklyn, an industrial property was recently transacted. The property spans across 54,838 square feet and was sold for a price of $8,500,000, resulting in a price per square foot of $155. The deal was finalized on July 25, 2018.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,500,000
• Property Size: 54,838 square feet
• Price per Square Foot: $155
• Address: 507 Osborn Street, Brooklyn
• Neighborhood: Brownsville

Sabharwal Properties acquired the property from Robles Realty in this transaction. Serving as the brokers for this deal were Dan Marks and Mike Hernandez of TerraCRG.