Turnbridge Equities Acquires Canarsie Industrial Property For $22.5M

The industrial property located at 807 Bank St. & 300 DeWitt Ave. in Canarsie has been sold. The property spans across 170,000 square feet and is situated in a bustling market. The sale of this asset was facilitated by Andrew Joblon, Ryan Nelson, and their respective firms.

Summary of transaction details:

• Property Type: Industrial
• Sale Price: $22,500,000
• Square Footage: 170,000
• Price per Square Foot: $132
• Market: Canarsie

The buyer of this property is Turnbridge Equities, represented by Ryan Nelson, in collaboration with Dune Real Estate Partners. This transaction signifies a significant investment in the industrial sector in Canarsie.