Invictus Property Advisors is proud to announce the successful sale of 73 & 75 Dikeman Street, located in the heart of Red Hook, Brooklyn. Through a highly targeted outreach process, Invictus identified and engaged the optimal buyer, underscoring the firm’s precision-driven approach, deep neighborhood knowledge, and ability to execute discreet, off-market transactions.
The offering consists of two adjacent 25-foot by 100-foot lots. One parcel is vacant and well-positioned for ground-up residential development, while the second is improved by a three-family building suitable for a townhouse conversion. Together, the sites present a unique opportunity to create a cohesive development in a neighborhood with limited available land.
The transaction was driven in large part by significant public investment and redevelopment initiatives underway at the Brooklyn Marine Terminal, which are reshaping Red Hook’s long-term outlook. The planned modernization of the terminal, along with associated infrastructure improvements and job creation, has increased investor interest in nearby sites positioned to benefit from long-term neighborhood growth and increased economic activity.
This sale highlights Invictus Property Advisors’ ability to identify development-oriented opportunities ahead of broader market repricing, align assets with long-term capital, and execute transactions informed by zoning, infrastructure investment, and neighborhood-level catalysts. Invictus continues to advise owners and developers on development sites and complex transactions throughout Brooklyn.
