The Reel

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A blog for breaking sales and neighborhood real estate news.

A commercial condominium at 225 Eastern Parkway, located on the corner of Classon Avenue and Lincoln Place in Brooklyn’s Prospect Heights neighborhood, was sold in an all cash transaction valued at $1,050,000.

This pre-war condominium consists of seven stores with a total of 4,157 square feet on the ground floor and an additional 2,672 square foot basement. The ceiling heights are 14’. There are eight entrances to the basement from the street and six stores have roll down gates. The property benefits from 100’ frontage on Classon Avenue and about 67’ on Lincoln Place and boasts views of the Brooklyn Museum and Prospect Park.  

“We were able to find a buyer for this unique commercial condominium within weeks of the property being listed. This is a true testimony to the success of the Massey Knakal Territory System™,” said Massey Knakal First Vice President of Sales Jonathan Berman who exclusively handled this transaction with Chairman and Founding Partner Robert A. Knakal.

Click here for press release

Neighborhoods: Prospect Heights