Silvershore Properties Plans to Reno Four Buildings

Silvershore Properties, a Manhattan-based developer, recently picked up four Brooklyn buildings over the last three months that they’re planning to renovate and reposition. This spring Silvershore purchased 278 Dean Street, between 3rd Avenue and Nevins Street in Boerum Hill, for $1,300,000. It’s an 8,000-square-foot, four-story building with eight units. They also bought 219 13th Street, between 4th and 5th avenues in Park Slope, for $5,250,000. That one’s a 22,000 square-foot, six-story building with 25 units. The other two properties closed in June. They are 115 Atlantic Avenue, between Henry and Hicks streets, and 32 Garnet Street, between Court and Smith streets. The property on Atlantic (pictured above) is a four-story, 5,000-square-foot building with a duplex apartment, additional full-floor apartment and ground floor retail. It sold for $2,000,000, and was the first sale of the building in almost 40 years. Finally, the four-story, eight-unit property on Garnet Street closed for $1,200,000.