All Year Management Sells Industrial Property In Williamsburg, Brooklyn For $9.25M

All Year Management has sold an industrial property located at 61 N. 9th Street in Williamsburg, Brooklyn. The property, which has a zoning classification of M1-2, was sold for a total price of $9,250,000. The building has a total square footage of 8,500 and a price per square foot of $1,088. The sale price equates to a price per buildable square foot of $616, based on the building's total square footage of 15,000.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $9,250,000
• Address: 61 N. 9th Street, Williamsburg, Brooklyn
• Market: Williamsburg, Brooklyn
• Zoning: M1-2

The sale was facilitated by Brendan Maddigan, Ethan Stanton, Stephen Palmese, Michael Mazzara, and Winfield Clifford LL, who represented All Year Management. Jorge Lopez of Compass served as the buyer's representative in the deal. Jeffrey Homapour provided counsel for the buyer.

With this transaction, All Year Management successfully sold the industrial property, achieving a significant sale price in the Williamsburg market.