Brief
United States
US·Acquisition·Retail

Empire State Realty Trust pays $46M for 127 Kent Ave commercial condo in Williamsburg

Value

$46M

Location

Brooklyn, Kings County, New York

Date

2026-04-07

Companies

Empire State Realty Trust, Joyland Group, Prospect Developers

The transaction relates to a new commercial condo at the base of the building at 127 Kent Avenue. The residential portion of the project was not included in the sale.

williamsburgretailnyc

Source

The Real Deal

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