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 9,500 square feet for offices or rented out as small commercial spaces. The previous tenant was Along Products, a maker of restaurant booths.
Buyer: 10 Holdings L.L.C.
Seller: Varick Planing Mill
Brokers: Jacques Wadler, Vincent Lopez, Joel Kohn and Avrum Lieber, Kalmon Dolgin Affiliates