Sprayregen son sells self-storage for $56M payday – Robert Khodadadian

A second-generation real estate investor is poised to tuck away a big check and leave Brooklyn and Queens behind. Companies connected to the Sprayregen family’s defunct self-storage company, Tuck-it-Away, sold two self-storage buildings to Invesco Real Estate this month for $56.3 million, records show. A storage building spanning 99,000 square feet at 160 John Street in Vinegar Hill, Brooklyn, traded for $43.5 million, and a 47,000-square-foot building at 37-19 Crescent Street in Long Island City

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Brooklyn, Investment Sales, long island city, Queens, self storage The Real Deal New York Read More