Murphy of ERG reps seller in $1.1 million sale of 2035 Benedict Avenue
ERG Property Advisors is pleased to announce the sale of 2035 Benedict Avenue. The property is a two story vacant building with a 12 car parking lot.
The redevelopment site is zoned for up to 24,000 of buildable s/f and, as of sale, there is a current interest for community use that can increase the total of right of build total to 36,000 s/f.
The property sold for $1.1 million. Matthew Murphy, senior associate at ERG Property Advisors, exclusively represented the seller.
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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