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Prologis Acquires Industrial Property In East Williamsburg For $27.5M

Property Image
SOLD
$27,500,000
Ofer Cohen
David Junik
+ 2

New York

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MultiFamily33,350 SF
Sold 12/07/2021
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Property Image
SOLD

Prologis Acquires Industrial Property In East Williamsburg For $27.5M

280 Johnson Avenue, Brooklyn, New York 11206, United States

See Similar Deals
MultiFamily33,350 SF
Sold 12/07/2021
Ofer Cohen
David Junik
+ 2
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$824
Total Square Footage:33,350 SF
Transaction Type:Sale

An industrial property located at 280 Johnson Avenue in East Williamsburg has been sold for a total of $27,500,000. The property spans 33,350 square feet, resulting in a price per square foot of $824. The transaction took place on December 7, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $27,500,000
  • Address: 280 Johnson Avenue
  • Market: East Williamsburg
  • Square Feet: 33,350
  • Price per Square Foot: $824

The buyer of the property is Prologis, a company specializing in industrial real estate. The deal was facilitated by brokers Ofer Cohen, Dan Marks, and Daniel Lebor from TerraCRG, as well as David Junik and Decio Baio from Pinnacle Realty Of New York.

Players

Daniel (Dan) Lebor
50 deals$986.7M volume
BROKER

David Junik
Pinnacle Realty of New York
23 deals$651.4M volume
BROKER

Ofer Cohen
Terra CRG
25 deals$606.2M volume
BROKER

Dan Marks
Terra CRG
48 deals$904.6M volume
BROKER

Decio Baio
Pinnacle Realty of New York
11 deals$410.6M volume
BROKER

Prologis
BUYER

Details

SOLD
IMAGE: Ofer Cohen, Decio Baio, Dan Marks, David Junik & Daniel Lebor DATE: 12/07/2021 ADDRESS: 280 Johnson Avenue MARKET: East Williamsburg ASSET TYPE: Industrial BUYER: Prologis BROKERS: Ofer Cohen (@OferBrooklyn), Dan Marks (@BrooklynDanny) & Daniel Lebor (@DanielLebor) - TerraCRG (@TerraCRG); David Junik & Decio Baio - Pinnacle Realty Of New York (https://www.linkedin.com/company/pinnacle-realty-of-new-york-llc/) SALE PRICE: $27,500,000 SF: 33,350 ~ PPSF: $824

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