Cushman & Wakefield Capital Markets arranges $41.5 million sale

September 21, 2021 - New York City
Daniel O’Brien

 

Adam Spies

 

Josh King

 

Marcella Fasulo

 

Caroline Hodes

 

Brooklyn, NY A Cushman & Wakefield Capital Markets team including Daniel O’Brien, Adam Spies, Josh King, Marcella Fasulo, and Caroline Hodes has arranged the $41.5 million sale of 975 Nostrand Ave.

Cushman & Wakefield represented the seller, Midwood Investment & Development, in the transaction. The Hudson Companies acquired the property.

The 59,633 s/f site is a block through site bound by Nostrand Ave. and Clove Rd., benefiting from 240 ft. of frontage on Nostrand Ave. and 250 ft. on Clove Rd., in a flexible R7-1/C2-3 zone.