Sandy Stillman Of Blue Sky Diner Inc. Acquires Red Hook Portfolio For $12.4M

The asset involved in this transaction is a mixed-use property located at 253 Van Brunt Street, 121 Dikeman Street, 301 Van Brunt Street & 385 Van Brunt Street in the Brooklyn market. The sale price for the property was $12,400,000. It encompasses a total of 15,337 square feet and consists of 19 units, resulting in a price per unit of $652,632 and a price per square foot of $808.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $12,400,000
• Buyer: Sandy Stillman - Blue Sky Diner Inc.
• Seller: Lee Cohen - REDHOEK+
• Brokers: Daniel Lebor & Matthew Cosentino - Terra CRG
• Units: 19
• Square Footage: 15,337
• Price Per Unit: $652,632
• Price Per Square Foot: $808

Key individuals involved in the transaction include buyer Sandy Stillman representing Blue Sky Diner Inc. and seller Lee Cohen from REDHOEK+. The brokers facilitating the deal were Daniel Lebor and Matthew Cosentino from Terra CRG, who played a crucial role in the property's sale.