EPIC Commercial Realty arranged the sale of a package deal consisting of two vacant lots in the East New York section of the borough. The two lots are located at 363 Wyona St. and 366 Bradford St. The property forms an entire block on Sutter Ave. and provides 200 feet of frontage and 9,720 s/f of development rights.
The combined lots are situated four blocks from the Van Siclen A, C train station. "I am beginning to see higher transaction volume in East New York as investors become more confident in the future of the area. Much of this confidence, I believe, comes from the proposed rezoning," said Marcus Jecklin, EPIC sales associate.
The property sold for $450,000 by Jecklin, who represented the buyer and the seller. Tags: