The buyer of the property was Snack Innovations, which relocated from Brooklyn, New York.Ĥ1 Ethel Road West is a 35,316-square-foot industrial building situated on 4.41 acres, which will allow for future expansion. (BRC) announced its arranged the sale of 41 Ethel Road West in Edison, New Jersey, a 35,316 square-foot industrial asset.īRC Senior Vice Presidents Stephen Nozza and John Cascio represented the seller, Braha New Jersey Realty Associates, which sold the property for $115 per square foot. The property enjoys convenient access to some of the borough’s most popular cultural destinations, such as the Brooklyn Museum, the Brooklyn Library, and the Brooklyn Botanical Gardens.īussel Realty Corp. In addition, R7A zoning provides approximately 3,048 square feet of air rights (as-of-right), however, utilization requires approval from the Landmark’s Preservation Commission since it is located in the Prospect Heights Historic District. It is located between Sterling and Park Place, a highly sought-after location just steps away from Grand Army Plaza and Prospect Park.Įxclusive agents Michael Tortorici, Jonathan Berman, Daniel Tropp, and Alexander McGee represented the seller, a private owner, and procured the buyer, a private investor. Spanning 8,952 square feet, the property was delivered vacant, which presents the buyer with a prime residential conversion opportunity. The four-story property was sold for $6.3 million. Collectively the assets are nearly 250,000 SF on 6.46 acres of land, the property boasts multiple loading docks, 47’ ceiling heights, and powerful crane systems.Īriel Property Advisors announced the sale of 677 Vanderbilt Avenue, a vacant residential building in the Prospect Heights section of Brooklyn. Jon Angel, President of Southport-based Angel Commercial, L.L.C., announced the sale of three adjoining industrial properties located at 785 & 800 Union Avenue and 599 Hollister Avenue in Bridgeport, CT, for an undisclosed amount.Īngel represented both parties in this off-market, sale-leaseback transaction.įounded in 1924 in Bridgeport, the Moore Tool Company manufactures a complete line of jig grinders and precision tools. Friedman-Roth’s Gil Avni is handling the sale. The mixed-use property, located between Rivington Street and Delancey Street, is a five-story building with 8 apartments and 1 store. Friedman-Roth Realty Services announced that it has been appointed exclusive broker for a Lower East Side mixed-use building located at 148 Forsyth Street.
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