Chang of Highcap Group sells 10-19 Irving Avenue for $8.1 million

January 27, 2014 - Front Section

Charles Chang, Highcap Group

10-19 Irving Avenue - Ridgewood, NY

Charles Chang, associate broker of Manhattan-based investment sales firm, Highcap Group, arranged the $8.1 million sale of 10-19 Irving Ave. The two-story 75,600 s/f building had been owner occupied since the 1990s. Situated on the corner of Irving and Covert St. within an M1 zone, a portion of the building boasts 30' ceilings. The property also has an additional 78,270 s/f in air rights. The purchaser plans to reopen the 288 ft. wall of windows which has been blocked for over two decades and convert the property to a production studio. Chang exclusively represented the seller.