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Deals & Dealmakers

Duke closes on $16.7M Brooklyn deal

Photo by Keith Cooper/ Flickr
Photo by Keith Cooper/ Flickr

The Duke Properties Brooklyn Portfolio, consisting of four multifamily and one mixed-use building in Brooklyn, was sold for $16.7 million.

The five brick and limestone walkups are located at 29 Brooklyn Avenue, 137 MacDonough Street, and 235 Malcolm X Boulevard in BedfordStuyvesant, 1509 Pacific Avenue in Crown Heights and 300 Palmetto Street in Bushwick. The buildings total 49 apartments and two stores. The sales price equates to a $382 psf, or $327,000 per unit.

Cushman & Wakefield’s Michael Amirkhanian brokered the sale.

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