517 Stagg Street – Recent Sale
Recent Commercial Real Estate Transactions
By ROSALIE R. RADOMSKY RECENT SALE $1.97 million 517 Stagg Street (at Stewart Avenue) East Williamsburg, Brooklyn A private investment company has bought this 9,500-square-foot vacant warehouse with six drive-in doors, a dry sprinkler system and heavy power. It has 19,080 buildable square feet. The buyer plans to add a floor with… Read more »
Co-Working Provider the Yard Leases Entire Gowanus Building
Co-working office provider the Yard secured its seventh location in New York City, leasing an entire 25,000-square-foot building in Gowanus. The firm signed a 15-year deal to take over the three-story property, owned by Serajbit Singh and located at 157 13th Street between Third and Fourth avenues, Commercial Observer reported. The Yard plans… Read more »
Kalmon Dolgin Affiliates Arranges $12.1 Million Sale of Property in Brooklyn
Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the sale of a 32,000 SF, two-story property at 5718 2nd Avenue in the Sunset Park area of Brooklyn, NY for $12.1 million. Kalmon Dolgin and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, made the announcement. KDA brokers Jeffrey Unger and Robert Klein represented the buyer, NYU… Read more »
NYU Lutheran Expands
Kalmon Dolgin Arranges $12.1M Sale of Commercial Building In Brooklyn
NEW YORK CITY — Kalmon Dolgin Affiliates has brokered the sale of commercial building located at 5718 Second Ave. in Brooklyn’s Sunset Park neighborhood. NYU/Lutheran Medical Center acquired the 32,000-square-foot property from S.I.B.R. Realty LLC for $12.1 million. The two-story building features 20-foot ceilings, a 7,000-square-foot mezzanine and 12,500-square-foot floor plates. Jeffrey Unger and… Read more »
Major Hospital Expands in Brooklyn with Swift Warehouse Purchase
NYU Lutheran is expanding in Sunset Park, Brooklyn, near the Brooklyn Army Terminal. The hospital, which was acquired by NYU Langone on Jan. 1, paid $12.1 million in an off-market deal for 32,000 square feet at 5718 Second Ave. in Brooklyn, which is down the street from the hospital and Lutheran’s Sunset Park Family… Read more »