Sadya Liberow of Asset CRG Advisors completed the sale of 650 Marcy Avenue for $3,050,000.The property was a brand new 8-family building that sold with a 421-A in place and 6% cap rate. The property is a tax-protected asset & was sold with eight residential vacancies.
- Lot Size: 1,524 SF (18.83′ X 80.92′)
- Building Size: 5,543 SF (18.83′ x 49′)
- Zoning: R7A
- Cross Streets: Dekalb Avenue & Pulaski Avenue
- Transportation: [G] subway lines at Marcy-Myrtle Avenues
- Nearby Retailers: Family Dollar, The Home Depot, C-Town, TD Bank, Shell and more