BROOKLYN RETAIL BUILDING TRADES FOR $1.64 MILLION

by admin

NEW YORK CITY — CPEX Real Estate and Kalmon Dolgin have brokered the acquisition of a Brooklyn retail property for $1.64 million. The 14,000-square-foot, freestanding building is located at 1760 Eastern Pkwy. The property traded at a 5.53 percent cap rate. The buyer was an undisclosed investment fund. The seller's name was also not released.

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