East Williamsburg industrial building sells for $5M

961 Grand Street LLC paid Ovidiu Florin Carmocanu $5.4 million for 961 Grand Street in East Williamsburg. The deal closed on November 26, 2019, and was recorded on December 10, 2019. The transaction consists of 1 parcel, including the tax class light manufacturing building (F5). The property is 11,622 square feet. The parcel(s) have total development potential of 14,354 square feet.
The average sale price per square foot is $374.

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