New York Real Estate Journal

Preuss and Gevinski of Massey Knakal handle $2.05 million retail sale

January 10, 2011 - Brokerage
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.