NEW YORK CITY-Brooklyn-based Steiner Studios has paid $24.5 million for a 60-unit residential building situated in Brooklyn's Carroll Gardens section. The rental-apartment building, which measures 62,404 square feet, is located at 204 Huntington St.
The building was once slated to be changed into condominiums. It contains 8 single-bedroom units, 37 double-bedroom units and 15 triple-bedroom units. Massey Knakal Realty Services handled the sale on behalf of the seller, an investment team that includes Manhattan-based Area Property Partners. For the full story, go to Crain's New York Business .
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