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[27 Nov 2012 | No Comment | ]

Massey Knakal announced the sale of an East Side / Village Portfolio, consisting of 11 multifamily walk-up apartment buildings and an additional 40-unit property  in  Brooklyn,for $73,000,000.
The Manhattan buildings are located at 104 East 7th Street, 438-440 East 13th Street, 234-238 East 33rd Street, 101 MacDougal Street, 410 East 64th Street, 319-321 East 78th Street, 223 East 82nd Street, 310 East 83rd Street, 325 East 83rd Street, and 504 East 88th Street. The Brooklyn property is located at 354-356 State Street.
In total, the portfolio contains 299 residential units and two stores totaling approximately 142,000 gross square feet. Roughly 72% of the units are rent regulated …

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