Goldfein of Goldcap Real Estate Advisors facilitates $600,000 sale

April 06, 2021 - Front Section
Heshie Goldfein

 

1526 Lincoln Place - Brooklyn, NY

 

Brooklyn, NY Goldcap Real Estate Advisors facilitated the sale of 1526 Lincoln Pl. in the Crown Heights neighborhood.

The sale price was $600,000 ($101 per buildable s/f).

The property is a stalled construction project with a stop work order due to an illegal vertical extension. The site consists of 5,904 buildable s/f on an irregular shaped lot.

The sellers, Lincoln LLC sold the property to SBF 785 LLC. The buyers plan to demolish the building and build 8 condos.

Heshie Goldfein, president of Goldcap, represented both sides of the transaction.