A developer plans to replace this 6,500 square foot warehouse, which offers 10,000 buildable square feet, with an apartment building.
It is opposite the Brooklyn Expo Center, and was formerly an owner-occupied artist’s studio.
Buyer: 82-84 Oak Street LL
Seller: Stephen Balamut
Brokers: Jeffrey Unger and Robert Klein
Kalmon Dolgin Affiliates
August 4, 2023
400 new affordable apartments were announced for the Financial District this past week. Roughly a third of the new buildings at 5 World Trade Center, will be set aside for middle- and working-class New Yorkers, with 80 of those apartments earmarked for people who lived and worked near the old World Trade Center as well… Read more »
May 22, 2023
“The mortgage refinancing boom is over, but its impact will be seen for decades to come”. Fed data shows that about 14 million mortgages were refinanced during the pandemic period starting in March 2020. Some 64% were considered “rate refinances,” or homeowners looking to take advantage of lower borrowing costs. Average savings totaled about $220… Read more »
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