REBusinessOnline

Alpha Realty Brokers $2.5M Sale of Multifamily Building in Brooklyn

194-Utica-Ave-NYC

Located at 194 Utica Ave. in Brooklyn, the 9,100-square-foot property features 14 apartments and two retail spaces.

NEW YORK CITY — Alpha Realty has brokered the sale of a multifamily building located at 194 Utica Ave. in Brooklyn’s Crown Heights neighborhood. A local private investor acquired the property for $2.5 million, or $260 per square foot. Constructed in 1906, the 9,100-square-foot property features 14 apartments and two retail spaces. Jacob Aronov of Alpha Realty represented the buyer and the seller, a local private investor, in the transaction.

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