Nicholas of Kalmon Dolgin Affiliates, Inc. handles $2.3 million sale in Brooklyn
Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the $2.3 million sale of the former site of PS 59 at 535 Leonard St. in the Greenpoint section to a condominium developer, according to Neil Dolgin, executive VP.
Joseph Nicholas of KDA represented both the seller, Polish Legion of American Veterans - George Washington Post #3, and the buyer, MDIM, LLC. Bill Richko and Ralf Mayer represented the seller and the buyer in-house, respectively.
The property features a two-story building with cellar totaling 13,500 s/f, with 2,500 s/f courtyards on either side. An 18-unit condominium development is planned for the site.
"This is a one-of-a-kind development site within walking distance to the revitalized McCarren Park area and the Nassau Ave. station of the G subway line," said Nicholas. "Nearby Nassau Ave., Bedford Ave., Manhattan Ave. and McGuinness Blvd. offer a wide variety of retail and entertainment options in this developing residential neighborhood."
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.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing