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A blog for breaking sales and neighborhood real estate news.

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.