Ditmas Park Property Sells for $2 Million Cash

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A large but low-slung commercial building at the corner of Cortelyou and Stratford Roads in Ditmas Park has sold for $2,000,000, Ditmas Park Corner reported. Massey Knakal handled the sale of 1029-1035 Cortelyou Road and told the blog there were over 20 cash offers on the property. The 3,578 square foot property sits on a 60-foot-by-71-foot lot and sold above asking price at $559 per square foot.

Currently used as storage (and antique store on Saturdays only), the building could be used for retail or developed up to 8,416 square feet, according to the Massey Knakal listing. Considering the location, a mixed-use residential development seems likely. GMAP

Building on Corner of Stratford and Cortelyou Sells for $2 Million [Ditmas Park Corner]
1029-1035 Cortelyou Road [Massey Knakal]
Photo by lwitler via Ditmas Park Corner

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