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A blog for breaking sales and neighborhood real estate news.

A loft building at 62 Washington Avenue, located between Flushing and Park Avenues blocks from the Brooklyn Navy Yard, was sold in an all-cash transaction valued at $750,000.

The three-story building is approximately 5,400 square feet and sits on a 20’ x 100’ lot.  It contains three floor-through loft units.  The sale price equates to approximately $139 per square foot.

“This is the third property Massey Knakal has sold in the Navy Yard in the second half of 2012,” said Massey Knakal Director of Sales Stephen Palmese, who exclusively handled this transaction with Senior Associate Winfield Clifford.

Click here for press release

Agents: Stephen Palmese