Real estate firm TerraCRG announced it has closed sales on five commercial properties in Brooklyn. While all were spread out across the borough and separate deals, the value of the five came to $10.08 million, the firm said. The new owner of a vacant, 9,540 square foot residential development site at 375 Prospect Place in Prospect Heights, above, plans to develop a six-story-high building with seven units. It sold in October for $1.2 million, said TerraCRG. As we reported that month, the architect is Bricolage Architects and Design. Other deals likely to spur changes were at 156 Broadway between Bedford and Driggs in Williamsburg. There, a vacant, mixed-use, three-story building sold in September for $2.65 million. Over in Cobble Hill at 213 Union Street another vacant, three-story, mixed-use building sold for $1.275 million. The other sales were at the boutique-condo-turned rental building at 137 5th Avenue in Park Slope and a rent-stabilized eight-unit building 139 Starr Street in Bushwick, both occupied. “These recent transactions demonstrate the strength of the Brooklyn commercial sales market which we anticipate will total $3 billion dollars in sales for 2012,” said Ofer Cohen, founder and president of TerraCRG.
The Heights Cafe restaurant at 84 Montague Street re-opened earlier this month after six weeks of interior renovations. There is also a new menu, with new-American fare such as a lobster roll, oyster po-boy, a burger, veal and wild mushroom meatloaf and a ribeye. Click through to the jump for an interior shot. Has anyone […]
Huge and on a corner, this gem of a Greek Revival house at 15 Willow Street in Brooklyn Heights was built in 1834. The proportions are impressive: It’s 25.5 feet wide with five stories and 39 windows. It has beautiful marble and wood Greek Revival fireplaces, dentil crown molding as well as the other moldings […]
It’s rare to find a decent-sized prewar two-bedroom apartment in Brooklyn Heights for under a million bucks these days, so this co-op at the St. George Tower on Hicks and Clark asking $950,000 might strike someone’s fancy. It’s not huge and it doesn’t feel as vintage-y as some prewar fans might want, but it’s on […]
This renovated studio for rent in a Kensington co-op is bright white, new looking and relatively spacious. The L-shaped apartment has a bunch of white built-in wall units that offer tons of storage but give the space a somewhat clinical (or very modern) look. Those little built-in tables in the living area could function as […]
A real estate firm named JEMB Realty bought a parking lot in downtown Brooklyn for $38,464,188. If that seems like a staggering amount to pay for a parking lot, well, it’s located at 420-428 Albee Square, right across the street from City Point. It’s got 185,000 buildable square feet, The Real Deal reported. That works […]