January 28, 2015

Development Site Sold in Crown Heights

A development site located at 1525 Bedford Ave., in the Crown Heights neighborhood of Brooklyn, has been sold for $32.5 million. Featuring 144,404 square feet of buildable space, the property was purchased by Adam America with the intention of creating a mixed-use development. The buyer was represented by TerraCRG, a commercial real estate brokerage firm focused solely on Brooklyn.