SILVERSHORE PROPERTIES BUYS CROWN HEIGHTS BUILDING FOR $8.8M

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NEW YORK CITY — Silvershore Properties has purchased a six-story, 53-unit apartment building in the Crown Heights section of Brooklyn for $8.8 million. Hoydu Realty Corp. owned the 58,000-square-foot building, located at 283 Albany Ave., for almost 40 years. Silvershore Properties plans to continue to operate the fully occupied building as a rental property. The company is scheduled to close on five more properties in Brooklyn during the next 30 days.

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