Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Cushman & Wakefield Sells Loft Building in Williamsburg

04/10/2015

A loft building at 39 Ainslie Street, located between Rodney and Keap Streets in Brooklyn’s Williamsburg neighborhood, was sold to Brooklyn Standard in an all-cash transaction valued at $7,000,000.

The four-story brick building contains approximately 20,000 square feet and sits on a 50’ x 100’ lot.  The property benefits from excellent transportation options, and is located less than two blocks from the combined Lorimer Street L and G train station, which provides direct access to Manhattan and throughout Brooklyn.

“In a multiple bid process, the ultimate buyer was able to offer the seller a strong price and a flexible closing timeframe which was key for the owner's relocation,” said Cushman & Wakefield’s Brendan Maddigan, who exclusively handled this transaction.

04/10/2015 - 14:00

Source

Cushman & Wakefield Capital Markets Group New York

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