The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

An industrial building at 604 Johnson Avenue, located on the corner of Johnson and Gardner Avenues in Brooklyn’s East Williamsburg neighborhood, was sold in an all cash transaction valued at $780,000.

The single story property is approximately 3,800 square feet and sits on a 45’ x 100’ lot. The building is setup with an open layout with a small office, a kitchen and two bathrooms. Recent renovations include new windows, new plumbing and new wiring with 300 amps of power.  There is a side yard, approximately 44’ x 15’, facing Gardner Avenue with a swing fence and curb cut, in addition to two roll-down overhead doors which access the building. The building is ideal for a manufacturer or artist. Access to transportation is less than three blocks away at the Jefferson Street L train station.  The sale price equates to $205 per square foot.

“This corner brick building with a side yard fit a lot of user’s needs which resulted in over thirty offers for this property,” said Massey Knakal Vice President of Sales Mark Lively who exclusively represented the seller in this transaction. “There has been a surge of interest in this neighborhood from the artist and business start-up communities which helped us achieve a price over the asking,” added Lively.

Click here for press release

Neighborhoods: Williamsburg/ Agents: Mark Lively