TerraCRG has been retained exclusively to sell a multifamily building located at 741 Lexington Ave. in the Bedford-Stuyvesant neighborhood. Matt Cosentino and Eric Satanovsky are marketing the building.
“The popularity of housing near the J/Z train line along Broadway has exploded in the last two years and newer developments and retailers are quickly opening to meet the increased demand,” said Matt Cosentino, vice president at TerraCRG. “741 Lexington Ave.’s proximity to the J/Z train line along with the extremely high level of renovation that was done, make the property very attractive at the approximately 6% Cap Rate it is being offered.”
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