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A blog for breaking sales and neighborhood real estate news.

A retail conversion site at 1505 Albany Street, located on the corner of Albany Avenue and Farragut Road in Brooklyn’s East Flatbush neighborhood was sold in an all cash transaction valued at $1,850,000.

This corner-to-corner property has approximately 200’ of frontage on Farragut Road. The 14,000 square foot one-story building, which is adjacent to a Pathmark supermarket, is situated on a 23,775 square foot lot zoned M1-1.  The building was previously leased by Wonder Bread Company and was used as a distribution center for their products. The interior consists of office space, showrooms, and warehouse space.  The site was originally part of Farragut Pool, a private neighborhood pool club that closed in the 1970’s.

Neighborhoods: East Flatbush