Hektor Dervishi Purchases Industrial Property At 509 Third Avenue In Brooklyn From Kenneth Yulfo For $1.15M

The property located at 509 Third Avenue in Brooklyn is an industrial asset that has been sold for a price of $1,150,000. The total square footage of the property is 1,463, which translates to a price per square foot of $786. This transaction marks a historical price record for the Gowanus neighborhood.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,150,000
• Square Footage: 1,463
• Price per Square Foot: $786
• Buyer: Hektor Dervishi
• Seller: Kenneth Yulfo
• Brokers: Jason Grunberg & Jake Torre - SAB Capital
• Market: Brooklyn
• Date of Sale: 9/9/2025

Jason Grunberg and Jake Torre from SAB Capital represented the seller in this transaction. After the property owner transitioned from another Brooklyn-based broker, the SAB Brooklyn Team engaged in multiple tours and offers before successfully contracting with a local end-user looking for new business premises. The team is currently managing multiple new listings in the Central and Western Brooklyn markets.