SOLD
Boris Motovich Acquires Industrial Property In Brooklyn For $7.5M
140 53rd Street
Industrial
50,476 SF
50,476 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Industrial
50,476 sqft
A industrial property located at 140 53rd Street in Brooklyn was recently sold. The property has a zoning classification of M3-1 and covers a lot size of 126.17 ft x 200.33 ft. The transaction took place on 12/03/2020, involving a sale price of $7,500,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,500,000
- Address: 140 53rd Street, Brooklyn
- Market: Brooklyn
- Buyer: Boris Motovich
- Seller: Estate of Simon Louis Srybnik
- Brokers: Jakub Nowak & Jake Torre he_Nowak_Group
The property was purchased by Boris Motovich from the Estate of Simon Louis Srybnik. The transaction was facilitated by brokers Jakub Nowak and Jake Torre from The Nowak Group.
It is worth noting that the sale was closed on the same day as the contract signing, without undergoing an environmental inspection. The purchaser assumed ongoing tenant litigation as part of the agreement.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Jakub Nowak @Jakub_H_Nowak & Jake Torre @J_Torre38
DATE: 12/03/2020
ADDRESS: 140 53rd Street
MARKET: Brooklyn
ASSET TYPE: Industrial ~ ZONING: M3-1
BUYER: Boris Motovich
SELLER: Estate of Simon Louis Srybnik
BROKERS: Jakub Nowak & Jake Torre - @The_Nowak_Group
PRICE: $7,500,000
BSF: 50,476 ~ PPBSF: $148
LOT SIZE: 126.17 ft x 200.33 ft
NOTE: Same day contract signing and closing. Sold without environmental inspection and with purchaser assuming ongoing tenant litigation.View on map
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Address140 53rd Street
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