Recent Commercial Real Estate Transactions – World Latest News Headlines

$7.4 One million

1070 Flatbush Avenue (at Cortelleu Road)

Brooklyn

This 15,300-square-foot development site in Flatbush features a vacant ground floor retail space dating back to the 1930s, formerly occupied by CVS Pharmacy. Zoning allows the development of a building with apartments on the second floor.

Buyer: Horizon in Flatbush

Seller: Freda Realty

Broker: Ofer Cohen, Daniel Lebor and Peter Mathios of TerraCRG

Credit…compass

$7.95 One million

15 East 16th Street (between Fifth Avenue and Union Square West)

manhattan

This 1908 building in Union Square has a 5,679-square-foot retail cooperative for sale. The cooperative has 3,417 square feet at street level, with 319 square feet of mezzanine and 1,943 square feet at lower level. It will be cleared.