Consolidated Edison Company Acquires Industrial Building In East Flatbush For $14.8M

Consolidated Edison Company, operating through Consolidated Edison Company Of New York, Inc., has acquired an interest in an industrial building at 789 East 91st Street in East Flatbush, Brooklyn. The property, sold by the Tomassetti family's entity 789 East 91st Street LLC, was valued at $14.8 million. The building has a total square footage of 44,000 and was purchased at a price of $335 per square foot.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $14,750,000
• Address: 789 East 91st Street, East Flatbush, Brooklyn
• Buyer: Tim Cawley - Consolidated Edison Company
• Seller: Dino Tomassetti Jr - Tomassetti Family
• Building Size: 44,000 square feet
• Price per Square Foot: $335

The transaction involved Tim Cawley representing Consolidated Edison Company and Dino Tomassetti Jr representing the Tomassetti Family. Both parties played a significant role in the deal as the buyer and seller representatives respectively.