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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 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

 


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