Chaim Fuchs Acquires Industrial Property In Bedford-Stuyvesant, Brooklyn For $4.25M

Located in Bedford-Stuyvesant, Brooklyn, the industrial property at 17-27 Herkimer Street was recently sold for a total of $4,250,000. Spanning an area of 11,010 square feet, this asset was purchased by Chaim Fuchs from Saul Rosenberg. With a price per square foot of $386, this transaction signifies a significant investment in the industrial market of this desirable Brooklyn neighborhood.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $4,250,000
• Square Footage: 11,010
• Price per Square Foot: $386
• Address: 17-27 Herkimer Street, Brooklyn
• Market: Bedford-Stuyvesant

Leading the transaction were brokers Jason Grunberg and Jakub Nowak from Marcus & Millichap representing the buyer and seller respectively. Their expertise in the industrial market played a crucial role in successfully closing the deal. The involvement of these experienced brokers highlights the importance of having trusted representatives in complex property transactions.