News: Brokerage

Chambers, Kohn and Lieber of KDA handle $1.85 million sale of 13,200 s/f property at 394 Hendrix Street

Joel Kohn, KDA Joel Kohn, KDA

Brooklyn, NY According to Kalmon Dolgin and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged the $1.85 million sale of a 13,200 s/f property at 394 Hendrix St. in the Brownsville/East New York neighborhood.

KDA served as the exclusive agent for the building. Allison Chambers of KDA represented the seller, NY PCC, while Joel Kohn and Avrum Lieber of KDA represented the buyer, HRS NY Realty. 

The building at 394 Hendrix St.was previously used as a school and, more recently, as healthcare offices. The buyer plans to renovate the existing building for commercial office use. The building features 12-ft. ceilings, gas heat and a full sprinkler system.

The property is located on Hendrix Street between Belmont and Pitkin avenues. Transportation options include the C, J and Z subway lines, B14, B20, B83 and Q24 bus routes, Atlantic Avenue and the Jackie Robinson Parkway.

Founded in 1904, KDA offers over a century’s worth of experience in the management, sale, leasing and marketing of commercial and industrial property throughout the New York Metropolitan region. In addition to its staff of 35 brokers, Kalmon Dolgin Affiliates, through its subsidiary, KND Management Co., Inc., operates a portfolio of over six million square feet of industrial, office, medical and retail space in ten states. Their highly-trained professionals offer a practical, street-wise approach to real estate, supported by the latest in real estate management and research technology and four generations of unparalleled expertise.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking