Hanson and Knakal of Massey Knakal secure $760,000 mixed-use sale

A mixed-use building at 1645 East 19th St., between Quentin Rd. and Kings Hwy. in the Sheepshead Bay neighborhood, sold in an all-cash transaction for $760,000. The 2,500 s/f, two-story, two-family building sits on a 26.25' x 125' lot. There is development potential of 13,125 buildable s/f . The sale price equates to $304 per s/f. "Multiple bids enabled the sellers to find the buyer with the best price and terms," said Massey Knakal director of sales Brian Hanson, who exclusively handled this transaction with chairman Bob Knakal.