392 St. Marks Avenue Sells for $3.6 Million

The development at 392 St. Marks Avenue, which has been stalled for several years, may finally be completed. A deed that just showed up in public records shows it sold for $3.6 million to a Brooklyn-based developer. A little work started up at the property last summer, but then it was was put up for auction in December. When we stopped by yesterday work had resumed, with some of the windows already installed. The Scarano-designed building is going to have 24 units.
Stalled Crown Heights Build Heading to Auction [Brownstoner]
Development Watch: 392 St. Marks Avenue [Brownstoner] GMAP