Robert K. Futterman & Associates brokered the deal on behalfof the owner. Barry Fishbach and David Rosenberg, executive vicepresidents at RFK, served as the exclusive brokers in thetransaction.

The six-story building at 420 Fulton St. is adjacent to Macy's.Children's Place, Duane Reade, Payless Shoe Source, Lane Bryant,Conway, Wilson's and McDonalds are also near the property. Theother property, 408-416 Fulton St., is a four-story building.

"Downtown Brooklyn is one of the strongest retail markets in NewYork City," Fishbach says. "The buildings' central Fulton Streetlocation will be attractive to many retailers and they will bequickly filled by companies looking to expand to this busy shoppingdistrict."

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