Rosenbergs sell East Williamsburg industrial for $16M

Yu Reng Lin through the entity 301 Woodcleft Avenue, LLC paid $16 million to Scott A. Rosenberg and Jeffrey Rosenberg through the entity 100 Division Place, LLC for the industrial building (F9) at 100 Division Place in East Williamsburg, Brooklyn.
The deal closed on June 11, 2025 and was recorded on July 17, 2025. The property has 6,961 square feet of built space and 33,200 square feet of additional air rights for a total buildable of 40,000 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $2,298 and the price per buildable square foot is $400 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Scott A. Rosenberg and Jeffrey Rosenberg was Scott A. Rosenberg and Jeffrey Rosenberg. The contract date was July 24, 2024.

Prior sales and revenue

Prior to this transaction, PincusCo has no record that the buyer Yu Reng Lin had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Scott A. Rosenberg had not purchased any other properties and had not sold any properties over the same time period. The 6,961-square-foot property generated revenue of $141,657 or $20 per square foot, according to the most recent income and expense figures.

The property

The industrial building in East Williamsburg has 6,961 square feet of built space and 33,200 square feet of additional air rights for a total buildable of 40,000 square feet according to a PincusCo analysis of city data. The parcel has frontage of 200 feet and is 200 feet deep with a total lot size of 40,000 square feet. The zoning is M1-1 which allows for up to 1 times floor area ratio (FAR) for manufacturing The city-designated market value for the property in 2022 is $1.6 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received two DOB violations and $500 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The neighborhood

In East Williamsburg, The majority, or 62 percent of the 17.1 million square feet of commercial built space are industrial buildings, with walkup buildings next occupying 11 percent of the space. In sales, East Williamsburg has 1.5 times the average sales volume among other neighborhoods with $409.6 million in sales volume in the last two years and is the 18th highest in Brooklyn. For development, East Williamsburg has 1.3 times the average amount of major developments relative to other neighborhoods and is the 10th highest in Brooklyn. It had 1.8 million square feet of commercial and multi-family construction under development in the last two years, which represents 10 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of one of the five commercial properties representing 6,961 square feet of the 72,467 square feet. The identified owner is J. Rosenberg.
There are no active new building construction projects on this tax block.

The majority, or 100 percent of the 72,467 square feet of built space are industrial buildings, with specialty buildings next occupying 0 percent of the space.

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