News: Brokerage

Stav Equities sells Brooklyn property for $5.4 million

Brooklyn, NY Jacob Stavsky, managing partner of Stav Equities LLC completed the off-market sale of 187 20th St. in South Slope for $5.4 million. This newly constructed 9,704 s/f building consists of eight apartments with the addition of a community facility space on the ground floor.

The building was sold to Moshe Sander, a local investor who happened to be in a 1031 exchange. The buyer intends to convert the building into condominiums.

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