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Massey Knakal Realty Services.


Four buildings in a six-building package in the Prospect Heights Prospect Heights may refer to:
  • Prospect Heights, Illinois
  • Prospect Heights, Brooklyn
  • Prospect Heights
 and East Flatbush areas of Brooklyn were sold by Massey Knakal Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Services in an all-cash transaction valued at $8,010,000.

The Next Century Portfolio consisted of 88 residential units at 272 Lincoln Place, 290 Lincoln Place, 403 Saint Johns Saint Johns, river, United States
Saint Johns, river, 285 mi (459 km) long, rising in SE Fla., N of Lake Okeechobee, and flowing N to Jacksonville, where it turns abruptly eastward and enters the Atlantic Ocean 28 mi (45 km) away.
 Place and 2709 Clarendon Road. The portfolio consisted of approximately 64,392 s/f and closed at a capitalization rate Capitalization Rate

According to the Appraisal Institute, it is a method used to convert an estimate of a single year's income expectancy into an indication of value in one direct step, by dividing the income estimate by an appropriate rate.
 of 5.63% and a gross rent multiple of 9.67. The properties sold for $124.39 per square foot.
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Title Annotation:Sales
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Aug 2, 2006
Words:91
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