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Cushman & Wakefield.

Cushman & Wakefield announced that the firm has arranged the sale of214 40th Street, a fully renovated, 13,730-square-foot industrial warehouse located in Sunset Park, Brooklyn. The final closing price was $6 million.

Senior Director Aaron Warkov of Cushman & Wakefield, along with Senior Associate Adam Ecker and Associate Daniel Amel, represented ownership in the transaction.

The 2.5-story building includes three drive-in garage bays with curb cuts, elevators, and third floor office space. The property also features a new high grade industrial hot water boiler, a brand new roof extensive, 3,000 amps of electricity, and grease traps throughout the building.

Located on the south side of 40th Street between 2nd and 3rd Avenues, the building is in close proximity to Industry City and conveniently situated between two MTA transit stations, which provide direct and easy access to Downtown Brooklyn and Manhattan.

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Title Annotation:SALES
Publication:Real Estate Weekly
Date:Sep 14, 2016
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