Paul J. Massey, CEO and head of Massey Knakal’s Special Asset Strategy Group is pleased to announce the sale of two properties in Brooklyn for a total aggregate sales value of $705,000.
A brick mixed-use property at 333 New Lots Avenue, located between Pennsylvania and Georgia Avenue in East New York, Brooklyn was sold for $275,000. The building is 2,270 square feet and sits on a 20’ x 87.08’ interior lot. There is a commercial space on the ground floor and the second floor consists of a three-bedroom apartment in the front and an office in the rear. First Vice President of Sales Ed Gevinski handled this transaction.
A vacant mixed-use property at 1729 Nostrand Avenue, located between Cortelyou and Clarendon Roads in East Flatbush, Brooklyn was sold in an all cash transaction valued at $430,000. The 3,000 square foot brick property sits on a 20’ x 100’ lot. The three-story building has two three-bedroom apartments, a commercial unit on the ground floor, and a basement. First Vice President of Sales Rene Santiago handled this transaction.
Neighborhoods: East Flatbush, East New York/ Agents: Paul Massey Jr.