News: Brokerage

David and Feinstein of EMH Commercial Realty broker $1.25 million sale of vacant multifamily in Brooklyn

Doron David,
EMH Commercial Realty

 

Mike Feinstein,
EMH Commercial Realty

 

Brooklyn, NY According to EMH Commercial Realty, the firm has closed the sale of 1421 Hancock St. for $1.25 million. Doron David, investment sales associate represented the buyer and Mike Feinstein, associate broker represented the seller.

The two-family house was delivered vacant with approved plans for a 4,400 s/f six-family that the developer intends to convert to condominiums. This neighborhood has seen great developments given its location and proximity to Williamsburg and Manhattan.

“We see a large demand for infill development sites due to the popularity of the area” said Feinstein.

EMH Commercial Realty is a commercial real estate brokerage focused on investment sales. We specialize in the sale of mid-market investment properties.

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