719-723 & 704 Eighth Avenue, Brooklyn, NY 11215 Park Slope
Closed at $41,000,000
Adam Hess, along with his team, were the sole brokers in the sale of a 47-unit portfolio on 8<sup>th</sup> Avenue in Park Slope. In 2012, the buildings were purchased by Redsky Capital for $16,000,000 and repositioned by renovating 32 of the 45 units and adding three rooftop duplexes. When deciding to sell, Redsky Capital ultimately awarded TerraCRG the assignment due to the firm’s exclusive Brooklyn focus and Team Hess’ large market share in Park Slope, having handled 40% of the neighborhood sales in 2013 and 2014.
