Commercial Sales in Brooklyn

20-Henry-Street.jpg
BROOKLYN HEIGHTS $19.6 MILLION
20 Henry Street GMAP
Urban Realty Partners bought a 7-story, 45,990-square-foot vacant loft building in the Brooklyn Heights Historic District from Broadway Management & The Praedium Group. The LPC has approved plans to add a a 4-story, 14,500-square-foot residential apartment building on the vacant land adjacent to the existing building. Urban Realty developed the the Arches condo in Cobble Hill. Massey Knakal Realty Services handled the sale, which closed on September 18th.

DITMAS PARK/FLATBUSH $12.6 MILLION
2211 Ditmas Avenue GMAP; 2225 Ditmas Avenue GMAP; and 585 E. 21st Street GMAP
Carnegie Management bought three apartment buildings in Ditmas Park/Flatbush from Baruch Singer, according to public records. The buildings have a total of 133 units, and the deal closed on August 28th. Brooklyn-based Carnegie is best known for converting converting the Estey Piano Company factory in Mott Haven into live-work lofts; back in Brooklyn, the firm’s gotten press lately for a large condo it’s developing in Bushwick.

By Gabby |