The real estate flipping craze, shown through four big deals in Brooklyn and Manhattan | Crain’s New York Business


The deal in SoHo illustrates how the value of retail space along the city’s prime shopping corridors has soared.

29 Ryerson St., Brooklyn
Bought: August 2013, $26.35 million
Sold: March 2015, $45 million

61 Broadway
Bought: March 2014, $330 million
Sold: December 2015, $440 million*
* Value based on sale of 49% share

25 Kent Ave., Brooklyn

Bought: January 2013, $31.75 million
Sold: December 2015, $130 million*
* Value based on sale of share

138 Greene St.
Bought: July 2014, $16 million
Sold: January 2016, $38.5 million

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