Wegh of Westwood Realty closes $7 million sale

February 23, 2015 - New York City

Steven Wegh, Westwood Realty

According to Steven Wegh of Westwood Realty, a Brooklyn-based investor has closed on the $7 million sale of 26 E. 125th St.
According to public records, 26 E. 125th St. was purchased in February 2014 by Joel Goldman of Brooklyn GC and Abraham Posner for $5.3 million. Originally, plans were filed by Goldman with the NYC Department of Buildings to construct a 16-unit residential building and with the ground floor left as retail. It is believed that the new buyer will continue with the current construction plan.
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