Press Release – Cignature Realty Closes $34.5 Million Bedford-Stuyvesant Deal

New York, NY – Cignature Realty announced the sale of 1520 Fulton Street, a 9-story mixed-use elevator building, for $34,500,000. The 68,024 square foot property has 49 residential units, one commercial space, parking, and is located between Kingston and Albany Avenues in Bedford-Stuyvesant, Brooklyn. 1520 Fulton Street sold for approximately $507 per square foot.

Cignature Realty’s Lazer Sternhell, CEO; Peter Vanderpool, President; and Sarah Mae Selnick, Director, Investment Sales, represented the buyer and the seller in this transaction.

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About Cignature Realty Associates Inc

Cignature Realty is a commercial real estate brokerage company located in New York City. The Company, a leader in New York Metro multifamily and apartment building sales, provides unparalleled deal execution supported by exceptional market intelligence for a broad range of real estate investors, from single-property owners to institutional and private equity funds.

The Cignature Realty team has closed hundreds of commercial real estate transactions and has accumulated multiple awards recognizing their achievements and contributions to the New York real estate industry.

For additional information, please visit CignatureRealty.com.

Media Contacts

Lazer Sternhell Lazer@CignatureRealty.com (212) 643-1880 ext 18

Markiya Lee Markiya@DesignMattersInc.com 212 519-9875