News: Brokerage

Massey Knakal Realty Services closes two deals totaling $2.725m

Massey Knakal Realty Services recently completed two sales valued at $2.725 million. In the first deal, Massey Kankal sold a four-family building at the front of the lot and a two-family building in the rear on 417 Grand St. in Williamsburg. The all-cash transaction was valued at $1.65 million. The 25 ft. wide properties are located on the north side of Grand St. Both buildings were delivered fully occupied with leases expiring at the end of October. They contain 5,800 s/f. Massey Knakal broker Mark Lively represented the seller. Massey Knakal and Nick Arnold of Corcoran were the brokers. The second deal was the sale of a 16 ft. wide brownstone with six studios and one commercial space at 452 West 145th St. in the Hamilton Heights Historic District by Massey Knakal. The all-cash transaction was valued at $1.075 million. The three-story plus ground level property is located on the south side of West 145th St. It contains 3,328 s/f. Massey Knakal broker Patrick O'Malley represented the seller. Massey Knakal was the sole broker.
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