Building upon a very active December, Massey Knakal is starting off 2010 with the closing of five properties throughout Brooklyn. Combined, there are 29 residential units and one retail unit totaling 21,040 square feet with a total aggregate sales value of approximately $4,000,000.
Two three-story multifamily buildings at 239 North 5th Street, located between Roebling and Havemeyer Streets in Northside Williamsburg, sold in an all cash transaction valued at $1,025,000. The front building contains three floor-though apartments and is approximately 2,500 square feet. The rear building, which is approximately 2,700 square feet, has two studio apartments on the ground floor and floor-through apartments on the second and third floors. Vice President of Sales Mark Lively was the sole broker in this transaction.
A six-family walk-up building at 197 St. Marks Avenue, located between Carlton and Vanderbilt Avenues in Prospect Heights, sold in an all cash transaction valued at $900,000. This three-story building is approximately 3,840 square feet. There are five one-bedroom apartments and one studio. Senior Vice President of Sales Ken Freeman and First Vice President of Sales Jonathan Berman were the sole brokers in this transaction.
A four-story seven-family building at 149 DeKalb Avenue, located between South Portland Avenue and South Oxford Street in Fort Greene, sold in an all cash transaction valued at $850,000. The building is approximately 3,360 square feet and contains one one-bedroom apartment and six studios. First Vice President of Sales Stephen Palmese was the sole broker in this transaction.
A three-story six-family building at 6815 Owls Head Court, located between 68th Street and Bay Ridge Avenue in Bay Ridge, sold in an all cash transaction valued at $735,000. The building is approximately 4,920 square feet and consists of three one-bedroom units, two two-bedroom units, and one studio. First Vice President of Sales Matthew Giordano was the sole broker in this transaction.
A three-story mixed-use building at 950 Nostrand Avenue, located between Montgomery and Crown Streets in Southern Crown Heights, sold in an all cash transaction valued at $425,000. The building is approximately 3,720 square feet and consists of two three-bedroom apartments and one store. First Vice President of Sales Jonathan Berman was the sole broker in this transaction.
Neighborhoods: Bay Ridge, Williamsburg, Prospect Heights, Crown Heights, Fort Greene/ Agents: Mark Lively, Stephen Palmese