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MK Sells Five Brooklyn Buildings In December

1/13/2010 10:45:04 AM/ Massey Knakal/ Closings

Massey Knakal Brooklyn has closed out 2009 with the closing of six transactions in December with an aggregate value of over $6.5 million.  The transactions were spread across the entire borough and all property segments. 

The notable transactions included:

  •  A medical office building at 370 Bay Ridge Parkway and a vacant lot at 364 Bay Ridge Parkway were sold in an all cash transaction valued at $2,600,000.  The properties are located on the south side of Bay Ridge Parkway between 3rd and 4th Avenues in Bay Ridge, Brooklyn.
  • A four-story mixed-use building at 414 Myrtle Avenue, located between Clinton and Vanderbilt Avenues, in Fort Greene, Brooklyn, was sold in an all cash transaction valued at $1,325,000.
  • A three-story mixed-use building at 229 Kent Avenue located between Grand Street and North 1st Street in Williamsburg was sold in an all cash transaction values at $785,000.
  • A three-story multi-family building at 31 Greenpoint Avenue located between West Street and the East River in Greenpoint was sold in an all cash transaction valued at $750,000.
  • A six-family building at 658 46th Street, located between 6th and 7th Avenues in Sunset Park was sold in an all cash transaction valued at $600,000.
  • A six-family apartment building at 160 Pulaski Street, located on the south side of Pulaski Street between Throop and Tompkins Avenues in Bedford-Stuyvesant was sold in an all cash transaction valued at $460,000.

Neighborhoods: Bay Ridge, Greenpoint, Williamsburg, Sunset Park, Bedford Stuyvesant, Fort Greene/ Agents: Mark Lively, Stephen Palmese