The property asset involved in this transaction is an industrial property located at 2752 West 15th Street in Brooklyn, which has a sale price of $4,500,000. The property comprises a total square footage of 15,392 and a price per square foot of $292. It primarily consists of a single-story warehouse situated in the Coney Island neighborhood of South Brooklyn.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,500,000
• Address: 2752 West 15th Street
• Market: Brooklyn
• Seller: Brian Lynch
• Buyer's Representative: Jack Sardar - Tri State Commercial Realty
• Seller's Representatives: Bobby Lawrence & DJ Johnston - Matthews Real Estate Investment Services
• Square Footage: 15,392
• Price per Square Foot: $292

The deal involved multiple real estate professionals, with Matthews Real Estate Investment Services retained by the lender/owner to facilitate the REO sale. The buyer, represented by Jack Sardar of Tri State Commercial Realty, was an owner-user who acquired the property sight unseen. The sale process involved existing tenants, which restricted interior access to the property during the transaction.