The NoVo Foundation, a Manhattan-based nonprofit, has bought a Brooklyn commercial building for $10 million, property records show.
That’s $2.5 million more than the seller was asking for it, according to TerraCRG, which marketed 401 State Streetin Boerum Hill with an original asking price of $7.5 million. The roughly 15,000-square-foot building between Nevins and Bond Streets has doubled in value since it last changed hands in 2013, when property records show it sold for $4.3 million.
Ms. Warren, Ofer Cohen, Dan Marks, Peter Matheos and Michael Hernandez of TerraCRG represented the seller, Joseph Streicher, while Mark Kennedy of Douglas Elliman represented the NoVo Foundation.
Read more here.