FOR IMMEDIATE RELEASE:
Schertz of Schuckman Realty Sells Carroll Gardens Mixed-Use Building
October 19, 2021
Brooklyn, NY; Schuckman Realty is pleased to announce the sale of a mixed-use building at 374 -376 Court Street, Brooklyn, NY 11231. The sale closed on October 8th and sold for $5,880,000 which is $796 dollars a square foot.
The 7,400 square foot building located on between Carroll Street and President Street, features six apartments and two ground level retail stores and falls under the protected tax class 2B. Schuckman Realty Investments Sales team member Sam Schertz represented both the seller Tissa Management and buyer Alchemy Ventures. Alchemy has been one of the foremost active buyers throughout the pandemic and has been purchasing similar buildings in Carroll Gardens and is very excited about this opportunity. Baruch Edelkopf and Joseph Rosenfeld of Schuckman Realty assisted Mr. Schertz in the transaction.
“There was a lot of interest on this property as Brooklyn has seen continual growth throughout the Pandemic. Buyers are aggressively pursuing Tax Class 2B buildings with mostly Fair Market Units. said Sam Schertz”
About Schuckman Realty Inc.: Schuckman Realty is a full service commercial real estate services firm serving New York City, Long Island, New Jersey, and the surrounding tri-state area. The Investment Sales team at Schuckman Realty Inc. brings vast and nuanced market knowledge, insight, and ingenuity to your portfolio from inception to completion. Schuckman Realty offers expertise in determining a property’s best use in terms of value gains to investors, extensive research and vetting process, access to qualified buyers and a proven sales & marketing team with a creative approach to maximize value.
Keywords: Investment Sales, Real Estate Sales, New York Real Estate, Brooklyn Real Estate Sales, Property Sale, Real Estate News, Schuckman Realty