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SEAGIS Property Group Acquires Industrial Property In East Williamsburg For $6.45M

250 Johnson Avenue
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This Industrial property located in NY was sold for $6,450,000 over 3 years ago. The broker of the deal was Julio Reyes

Located at 250 Johnson Avenue in East Williamsburg, this industrial property was recently sold in a closed transaction. The property spans 14,000 square feet and is zoned as M1-1. The sale price for the property was $6,450,000, resulting in a price per square foot of $460.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $6,450,000
  • Address: 250 Johnson Avenue
  • Market: East Williamsburg
  • Zoning: M1-1

The buyer in this transaction was SEAGIS Property Group, while Morris Napolitano acted as the seller. The deal was facilitated by Julio Reyes from Reyes & Elsamad Real Estate Group and Hasanov Capital. These brokers helped ensure a smooth transaction for both parties involved.

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  • Location
    250 Johnson Avenue, East Williamsburg, Brooklyn, NY 11206, USA250 Johnson Avenue, East Williamsburg, Brooklyn, NY 11206, USA
  • Sale Price
    $6,450,000$6,450,000
    $460 PPSF$460 PPSF
  • Area
    14,000 SF14,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    1 Broker1 Broker

Agent

Julio Reyes

Julio Reyes

Deals6
Sold$12M

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Deal Summary

SALE IMAGE: Julio Reyes DATE: 06/30/2021 ADDRESS: 250 Johnson Avenue MARKET: East Williamsburg ASSET TYPE: Industrial ~ ZONING: M1-1 BUYER: SEAGIS Property Group SELLER: Morris Napolitano BROKERS: Julio Reyes - Reyes & Elsamad Real Estate Group (@ReyesElsamad); Hasanov Capital (@HasanovCapital) SALE PRICE: $6,450,000 SF: 14,000 ~ PPSF: $460

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250 Johnson Avenue

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