Kalmon Dolgin Affiliates Reps Both Buyer and Seller in Two-Building Sale

NEW YORK—Kalmon Dolgin Affiliates Inc. (KDA) has arranged the sale of two industrial buildings at 252 Newport Street and 507 Osborn Street in the Brownsville section of Brooklyn for $6.3 million.

Kalmon Dolgin Affiliates was the exclusive broker with Neil Dolgin, Grant Dolgin and Neil Fertile of representing both the buyer, Tuck It Away Newport I LLC/Tuck It Away 2 LLC/Tuck It Away Osborn LLC, and the seller, Imperial Paper Box Corporation, in the transaction.

Totaling a combined 138,000 sq. ft., both properties were occupied by one tenant for more than five decades. The properties offer access to public transportation as well as the Linden Boulevard/POW-MIA Memorial Highway as well as the Belt Parkway.

A four-story, 70,000-sq.-ft. warehouse space, 252 Newport Street offers a full basement, two loading docks and high ceilings. The Osborn Street property is located between Newport Street and Lott Avenue and totals 58,000 sq. ft. of space and also includes a full basement.

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