Audrey Joe Acquires 946 Third Avenue Retail Space In Brooklyn For $1.29M

This transaction involved a retail asset located at 946 Third Avenue in Brooklyn, with a sale price of $1,290,000. The property encompasses 2,000 square feet and is situated on a 20 ft x 100 ft lot, zoned M3-1, featuring 14 ft ceilings and delivered vacant. Notably, the site includes an additional 2,000 square feet of available air rights and is conveniently located next to Industry City and close to the 36th St. "D, N, R, W" subway station.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,290,000
• Buyer: Audrey Joe
• Seller: Harriet Lubins
• Brokers: Jake Torre & Jason Grunberg - SAB Capital
• Square Footage: 2,000
• Price Per Square Foot: $645
• Lot Size: 20 ft x 100 ft
• Zoning: M3-1
• Ceiling Height: 14 ft
• Delivery Status: Vacant
• Air Rights: 2,000 SF available
• Subway Proximity: Short walk from the 36th St. "D, N, R, W" station

The transaction was facilitated by the SAB's Brooklyn Team, who received a non-contingent, all-cash offer for the property. Congratulations are in order for Jason, Jake, and all those involved in closing this transaction.