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Bruce Engel Sells Industrial Property In Brooklyn For $4.15M With Brokers Jakub Nowak, Jason Moskowitz & Jason Grunberg

171 Morgan Avenue
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This Industrial property located in NY was sold for $4,150,000 almost 3 years ago. The brokers of the deal were Jakub Nowak, Jason Moskowitz, and Jason Grunberg

The industrial property located at 171 Morgan Avenue in Brooklyn has been sold. The sale took place on May 5, 2021. The property spans approximately 10,000 square feet with a price per square foot of $415. The total sale price for the property was $4,150,000.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $4,150,000
  • Address: 171 Morgan Avenue, Brooklyn
  • Market: Brooklyn

The seller of the property was Bruce Engel. The transaction was facilitated by Jakub Nowak, Jason Moskowitz, and Jason Grunberg from The_Nowak_Group at arcusMillichap_NY.

For more information about the market or to get a confidential valuation of your property or portfolio, you can contact Jakub Nowak at 718-475-4353, Jason Moskowitz at 718-475-4387, or Jason Grunberg at 718-475-4390.

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Deals
  • Location
    171 Morgan Avenue, Brooklyn, NY, USA171 Morgan Avenue, Brooklyn, NY, USA
  • Sale Price
    $4,150,000$4,150,000
    $415 PPSF$415 PPSF
  • Area
    10,000 SF10,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Jason Moskowitz

Jason Moskowitz

Deals6
Sold$22.2M

Jakub Nowak

Jakub Nowak

Deals67
Financed$352.8M

Jason Grunberg

Jason Grunberg

Deals16
Sold$83.4M

Agencies

Marcus & Millichap

Marcus & Millichap

Agency
Deals7003
Volume$66B

SAB Capital

SAB Capital

Agency
Deals34
Volume$261.5M

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Deal Summary

SALE IMAGE: Jason Moskowitz, Jakub Nowak & Jason Grunberg DATE: 05/05/2021 ADDRESS: 171 Morgan Avenue MARKET: Brooklyn ASSET TYPE: Industrial SELLER: Bruce Engel BROKERS: Jakub Nowak (@Jakub_H_Nowak), Jason Moskowitz (@JayMosk25) & Jason Grunberg (@JasonG92) @The_Nowak_Group - @MarcusMillichap_NY SALE PRICE: $4,150,000 SF: 10,000 ~ PPSF: $415 NOTE FROM @The_Nowak_Group: To learn more about the market, our current inventory or for a confidential valuation of your property or portfolio please reach out to: Jakub Nowak at 718-475-4353, Jason Moskowitz at 718-475-4387 or Jason Grunberg at 718-475-4390.

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171 Morgan Avenue

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