Knickpoint Ventures Sells Self Storage In Brooklyn & Long Island City For $56.25M
160 John Street
Self Storage
111,611 SF
111,611 SF
Sold 1 year ago
+ 2
Summary
The self storage property located at 160 John Street in Brooklyn and 3719 Crescent Street in Long Island City has been sold for a price of $56,250,000. The property consists of 111,611 net rentable square feet, resulting in a per square foot price of approximately $503.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $56,250,000
- Address: 160 John Street & 3719 Crescent Street
- Market: Brooklyn & Long Island City
- Seller: Knickpoint Ventures
- Seller's Representative: Matt Sprayregen
- Brokers: Noah Obuchowski, Mike Mele, Bobby Bloch & Luke Elliott - Cushman & Wakefield
- NRSF: 111,611
- Price per Net Rentable Square Foot (PPNRSF): $503
The sale of this self storage property was facilitated by the brokers Noah Obuchowski, Mike Mele, Bobby Bloch, and Luke Elliott from Cushman & Wakefield. They played a crucial role in connecting the buyer and the seller, ensuring a successful transaction.
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