Marcus & Millichap Brokers $5.65M Sale of Red Hook Industrial Property
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Marcus & Millichap has brokered the sale of an 11,850-square-foot industrial property in Brooklyn's Red Hook neighborhood for $5.65 million, achieving a record price of $565 per square foot. The property, built in 1931, includes high-ceiling industrial space, mezzanine storage, and office space. The sale attracted over a dozen offers and was delivered vacant, providing easy access to major routes in Brooklyn and Manhattan.
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