Invictus Property Advisors is please to announce that 280 Meeker Avenue is in contract. Josh Lipton and Andrew Levine brokered the sale which is scheduled to close in December 2018.
The purchaser plans to erect a 90-unit, 12-story residential rental building at the 19,000-square-foot property, which has a capacity of 65,000 net buildable square feet, at 280 Meeker Avenue, 644 Lorimer Street and 646 Lorimer Street. There will also be 5,000 square feet of retail as well as parking.
The seller bought the portfolio, at the corner of Meeker Avenue and Lorimer Street, in November 2013 for $6.2 million and had plans to build a ground-up 14-story high-end mixed-use development with 75 residential units.