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Real Estate

Fresh Industrial Actual Property Transactions

Fresh Industrial Actual Property Transactions
Fresh Industrial Actual Property Transactions


$1.2 MILLION

287 Court docket Boulevard (between Douglass and Degraw Streets)

Brooklyn

Inbuilt 1931, this three-story, 2,688-square-foot development in Cobble Hill has one ground-floor business unit and one rent-stabilized three-bedroom duplex condo at the higher flooring. The industrial unit was once prior to now occupied by means of Seoul Tailors, however was once delivered vacant at the side of the condo.

Purchaser: The Yao circle of relatives

Dealer: The Smith circle of relatives

Agents: Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Gabriel Kates and Daniel Shawah of Bestreich Realty Staff

$1.825 MILLION

431 DeKalb Street (at Classon Street)

Brooklyn

This four-story, 8,000-square-foot development in Bedford Stuyvesant was once in-built 1905 and has two business devices and 6 rent-stabilized three-bedroom residences. A grocer occupies some of the retail areas. The opposite business unit and two residences had been vacant on the time of the sale. The valuables was once remaining offered in 1984 and comprises two parking areas.

Purchaser: 431 DeKalb

Dealer: The Cascetta circle of relatives

Agents: Josh Lipton and Andrew Levine of Invictus Belongings Advisors

$13.195 MILLION

1737 Pilgrim Street (at Westchester Street)

The Bronx

Inbuilt 1929, this five-story, 50,855-square foot development in Pelham Bay has two business devices and 65 residences: 48 one-bedrooms, 15 two-bedrooms, one studio and a superintendent’s unit. Fifty-one residences are rent-stabilized, one is rent-controlled and 13 are loose marketplace. A laundromat and a printing corporate occupy the retail areas, and the development is absolutely occupied. The valuables additionally features a courtyard.

Dealer: Tered Realty 1737-39 Pilgrim L.L.C.

Agents: Marco Lala, Jack Lala, Michelle Lala and David Raciti of RM Friedland

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