Blatter of Whitestone Realty Group completes $1.4 million acquisition of 21-unit North Bronx building

According to Nathan Blatter ([email protected]) of Whitestone Realty Group, Inc., the company completed the purchase of a 21-unit building in an all-cash deal. The building was mostly vacant and closed within 20 days of signing the contract. Blatter said the building was purchased so it can be used as a homeless shelter. The price was $1.4 million. Whitestone is looking to purchase additional off-market multifamily properties occupied or vacant located in the five boroughs.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

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