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.
Manhattan, NY Josh Goldflam, co-founder and principal of Highcap Group, along with Brian Ezratty and Scott Ellard of Newmark have arranged the sale of a four-building portfolio
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.
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