Infinity Real Estate picks up Kingswood Plaza in $80M buy

Source: The Real Deal

Infinity Real Estate LLC, in partnership with Nightingale Properties, acquired two mixed-use properties in Brooklyn’s Midwood section. The purchase price for the properties was $79.1 million, sources told The Real Deal. Located on the Kings Highway commercial corridor, the buy includes Kingswood Plaza, a 230,000-square-foot mixed-use building at 1630 East 15th Street, between Kings Highway and Avenue P, and a 22,000-square-foot development site at 1715 East 13th Street that now holds a 300-space parking garage. Read full story

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