LIVWRK sells two retail units in Crown Heights for $6M

The entity 899 Bergen Street Brk LLC paid $6 million to LIVWRK through the entity 1000 Dean Owner LLC for two retail units in the building at 1000 Dean Street in Crown Heights, Brooklyn.

The deal closed on October 18, 2021 and was recorded on October 28, 2021.

The signatory for LIVWRK Holdings was Asher Abehsera. The signatory for the buyer was Charles S. Henry. The buyer entity has the address of 25 West 39th Street, 10th floor, in a building owned by Thor Equities.

Within a 400-foot radius of 1000 Dean St, PincusCo identified six commercial real estate items of interests occurred over the past 24 months.
Of those six items, two were in new building development. There were one new building permit application and one new building permit. The most recent of these two items was a permit on May 20, 2020 for a 16,579-square-foot R-2 building with 18 residential units at 906 Bergen Street.
Of those six items, one was for major renovation including a certificate of occupancy change. It was a permit issued on August 17, 2021 for the $1.7 million renovation of 26,606-square-foot B building with no residential units at 964 Dean St.
One of those six items was a sale which Prospect Affordable Package LLC bought the 6,500-square-foot, 15-unit rental (C1) on 651 Classon Avenue and 13 other properties for $22.1 million from All Year Management on July 27, 2021.
Of those six items, two were loans above $5 million totaling $24 million. The most recent of the two was NYC Housing Partnership which borrowed $17.7 million from Rockrose Development secured by the 6,500-square-foot, 15-unit rental (C1) on 651 Classon Avenue and 13 other properties on July 27, 2021.

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