Treetop buys two East Flatbush buildings for $25M

Treetop Development picked up a pair of adjacent six-story rental buildings in East Flatbush for $25 million, or $238 per square foot according to property records filed this week with the city. The properties at 556 and 570 Lefferts Avenue in Brooklyn sit next to Hamilton Metz Field, just east of Kinston Avenue in East Flatbush. The sellers were Fred and Ivan Leist, who had owned the buildings since at least 1979. The building at … [more]

Source: Real Estate

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