Jeff Sutton pays $20M to Abraham Kendi for industrial property in Williamsburg

Jeff Sutton, president of Wharton Properties, through the entity 166 Berry Street LLC paid Abraham Kendi’s Berry Realty Corp. $20.0 million for 166 Berry Street also known as 103 North 4th Street in Williamsburg. The deal closed on November 4, 2019, and was recorded on November 12, 2019. The transaction consists of 1 parcel, including the tax class light manufacturing building (F5). The property is 6,200 square feet. The parcel(s) have total development potential of 18,600 square feet.
The average sale price per square foot is $1,075.

B6 Real Estate Advisors’s Thomas A. Donovan & DJ Johnston represented the seller, as reported by TradedNY.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link