Brooklyn’s Biggest Sales of 2014

Bisnow, December 18, 2014 – In August, A JV of Infinity Real Estate and Nightingale Properties bought the 230k SF Kingswood Plaza at 1630 E 15th St from AVR Realty, which The Real Deal reports went for nearly $80M. The property, built in 2007 and near the Kings Highway subway station, includes a T.J.Maxx and NY Sports Club, medical tenants and 250 underground parking spaces. Also included in the sale was a 22k SF development site that had a 300-space parking garage; the parcel came with as-of-right commercial or multifamily development rights.

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