Michael Wahba Acquires Industrial Property In Brooklyn's Sunset Park For $4.1M
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This Industrial property located in NY was sold for $4,100,000 over 2 years ago. The brokers of the deal were Jakub Nowak and Jake Torre
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- Location245 48th Street, Brooklyn, NY 11220, USA
- Sale Price$4,100,000$532 PPSF
- Area7,700 SF
- Asset TypeIndustrial
- Parties2 Brokers, 2 Agencies
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Deal Summary
SALE
IMAGE: Jakub Nowak & Jake Torre
DATE: 11/24/2021
ADDRESS: 245 48th Street
MARKET: Brooklyn
ASSET TYPE: Industrial
BUYER: Michael Wahba
SELLER: Meyer Bodner
BROKERS: Jakub Nowak (@Jakub_H_Nowak) & Jake Torre (@J_Torre38) (The Nowak Group) (@The_Nowak_Group) - Marcus & Millichap (@MarcusMillichap_NY)
SALE PRICE: $4,100,000
SF: 7,700 ~ PPSF: $533
NOTE FROM @The_Nowak_Group: Sold at $533/SF - a historical price record for industrial sales north of 2,500 SF in the Sunset Park neighborhood. To speak with our team of experts versed in the unique challenges involved in the sale of NYC industrial & commercial property, please give us a call. Jakub Nowak - 718 475 4353 or Jake Torre - 718 475 4325.
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