New York City · Commercial sale
Terreno Court Street buys 659 Court Street in Brooklyn for $26.25 million
A warehouse at 659 Court Street, Brooklyn sold for $26,250,000 on August 13, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $26,250,000
- Sold
- August 13, 2026
- Property type
- Warehouse
- Building area
- 36,600 sq ft
- Price per sq ft
- $717
- Year built
- 1948
A warehouse at 659 Court Street in Brooklyn sold for $26,250,000 on August 13, 2026, according to the New York City Department of Finance's ACRIS property records. The sale price is 5.8 times the $4,508,000 market value on record, the department's records show.
The record lists 659 Court Street, LLC as the seller and Terreno Court Street LLC as the buyer.
The NYC Department of Finance's records show 36,600 square feet of building area, a 1948 construction date and a 1.67-acre lot. At that size, the price works out to $717 per square foot.
What this sale costs to close
What does closing cost at this price? Under New York City custom the seller's larger charges are $689,062.50 for the nYC real property transfer tax (commercial/other) and $105,000 for the nY State real estate transfer tax. The seller's estimated net is $25,769,400 before brokerage commissions and any loan payoff. A cash buyer would need about $26,715,210 at closing.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026081400269001. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
