facebook
Traded Co logo
Submit a Deal

Bernard Spitzer Acquires Warehouses In Bushwick, Brooklyn For $5.35M

38 Locust Street
PointingArrow
Share

This Industrial property located in NY was sold for $5,350,000 over 2 years ago.

A warehouse property located at 38 Locust Street in the Bushwick neighborhood of Brooklyn has been sold in a recent transaction. The property, which falls under the M1-1 zoning category, was sold for a total price of $5,350,000. It offers a spacious area with a building size of 14,910 square feet and a lot size of 14,910 square feet. The dimensions of the lot measure approximately 96.25 feet by 165 feet. With a floor area ratio (FAR) of 0.99, the property provides ample space for various industrial purposes. Its tax class is classified as 4.

Summary of transaction details

  • Property Type: Warehouses
  • Transaction Amount: $5,350,000
  • Market: Bushwick, Brooklyn
  • Address: 38 Locust Street
  • Zoning: M1-1
  • Buyer: Bernard Spitzer
  • Seller: Sherwin Gordon
  • Building Square Feet: 14,910
  • Price per Building Square Foot: $358
  • Lot Square Feet: 14,910
  • Lot Dimensions: Approximately 96.25 ft x 165 ft

Bernard Spitzer acted as the buyer in this transaction, while Sherwin Gordon served as the seller. The deal's key individuals and companies involved in the sale of the property highlight the importance of their roles in the process.

View Related

Deals
  • Location
    38 Locust Street, Bushwick, Brooklyn, NY, USA38 Locust Street, Bushwick, Brooklyn, NY, USA
  • Sale Price
    $5,350,000$5,350,000
    $362 PPSF$362 PPSF
  • Area
    14,761 SF14,761 SF
  • Asset Type
    IndustrialIndustrial

Deal Summary

SALE DATE: 11/04/2021 ADDRESS: 38 Locust Street MARKET: Bushwick,Brooklyn ASSET TYPE: Warehouses ~ ZONING: M1-1 BUYER: Bernard Spitzer SELLER: Sherwin Gordon PRICE: $5,350,000 BSF: 14,910 ~ PPBSF: $358 SF: 14,761 ~ PPSF: $362 FAR: 0.99 TAX CLASS: 4 LOT SIZE: 14,910 LOT DIMENSION: 96.25 ft x 165 ft

Comparables


We could not find what you were looking for, try a different filter
  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits