Adam J Hess & Edward Setton Of Meridian Capital Group Facilitate $2.7M Mixed-Use Property Sale In Prospect Heights

The property located at 656 Vanderbilt Avenue in Prospect Heights, Brooklyn is a mixed-use/development site consisting of 2 apartments situated above a retail space. The property spans 4,480 square feet and was sold for $2,700,000, equating to $603 per square foot. The price per buildable square foot stands at $300.

Summary of transaction details:

• Property Type: Mixed-use/Development Site
• Transaction Amount: $2,700,000
• Address: 656 Vanderbilt Avenue
• Market: Prospect Heights, Brooklyn
• Square Footage: 4,480
• Price per Sq Foot: $603
• Price per Buildable Sq Foot: $300

Adam J Hess and Edward Setton from Meridian Capital Group facilitated the transaction as the brokers representing the parties involved in the sale of the property.