Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Cushman & Wakefield Sells Townhouse in Crown Heights

03/18/2015

A townhouse at 831 Lincoln Place, located between Nostrand and New York Avenues in Brooklyn’s Crown Heights neighborhood, was sold in an all-cash transaction valued at $1,250,000.

The two-story building contains approximately 3,410 square feet and sits on a 20’ x 127.75’ lot.  It currently consists of four units and is in need of updating.  The property benefits from many original details and was delivered vacant.  The sale price equates to approximately $367 per square foot.

“This charming property is in one of the best locations in Crown Heights, one block from city bound trains, Nostrand retail amenities, and Eastern Parkway,” said Cushman & Wakefield’s Michael Amirkhanian, who exclusively handled this transaction with Andrew Posil.

 

03/18/2015 - 21:15

Source

Cushman & Wakefield Capital Markets Group New York

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