July 6, 2022

Red Hook industrial site sold for $10.2 million

Feature Mentions News

New York Business Journal

A block-wide industrial warehouse located in the Red Hook section of Brooklyn has sold for $10.2 million dollars.

The 68,000-square-foot space at 202 Van Dyke St., on the corner of Ferris and Coffey Street, is situated close to Amazon’s three-story, 337,000-square foot warehouse space and numerous retail storefronts, including Tesla’s Brooklyn location and Hometown Bar-B-Que.

J&R Acquisition acquired the property from M-Kids, LP. M-Kids, LP was represented by TerraCRG’s Ofer CohenDan MarksDaniel Lebor, and Jackson O’Neill.

Nearby attractions include Governor’s Island and the Waterfront Museum.

“This part of Red Hook has witnessed tremendous change over the past few years with the opening of new restaurants, bars, distilleries and breweries, including 202 Van Dyke’s very own, Hoek Pizzeria,” said Daniel Lebor, Partner at TerraCRG. “We are excited to see what the new owners will not only add to this unique property, but the neighborhood.”