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Brokerage
Posted: January 10, 2011
Preuss and Gevinski of Massey Knakal handle $2.05 million retail sale
Three contiguous buildings with NNN retail stores at 1598-1602 Pitkin Ave., located in the retail area of Brownsville, was sold in an all cash transaction valued at $2.05 million.
The three-story brick buildings are located on a combined 60' x 92.92' corner lot of Pitkin Ave. and Amboy St. The first floor is 60' x 93' and the second and third floors are 60' x 55'. Each building is net-leased to the retail tenant and each has occupied the same space for over 10 years. Above the retail stores are eight apartments that are all in need of a full renovation.
Massey Knakal first VP of sales Stephen Preuss exclusively handled this transaction with Massey Knakal first VP of sales Ed Gevinski.
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