The Reel

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A blog for breaking sales and neighborhood real estate news.

A mixed-use building at 179 Smith Street, located between Warren and Wyckoff Streets, in Brooklyn’s Boerum Hill neighborhood, was sold in an all cash transaction valued at $1,425,000.

The three-story brick building is comprised on one commercial unit with two apartments above. The retail space is occupied by a bar. The two apartments, which will be delivered vacant, have been extensively renovated. The sale price equates to $528 per square foot.

Click here for press release

Neighborhoods: Boerum Hill/ Agents: Stephen Palmese