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Yacht club site sold.


A 46,144-square-foot waterfront development site at 2657 East 66tb Street where the Bergen Beach Yacht yacht: see motorboating; sailing.
yacht

Sail- or motor-driven vessel used for racing or recreation. The term is popularly applied to large recreational engine-powered boats; the sailboats known as yachts and used for racing are usually light and
 Club once stood in Mili Basin, Brooklyn was 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 $6,300,000.

The 200' x 208' irregular lot is located at the corner of East 66th Street and Dakota Place. The site was delivered with riparian rights riparian rights: see water rights. , boat slips and architectural renderings Architectural rendering, or architectural illustration, is the art of creating two-dimensional images showing the attributes of a proposed architectural design. Traditional rendering techniques are taught in a "master class" practice (such as the École des Beaux-Arts), where  for an eight-unit development. The property sold for $273.06 per square foot.

"In the early 1900's Mill Basin was neglected and developed as an industrial area," said Massey Knakal Broker Joseph Ashkenazi, who exclusively represented the seller with Partner Tim King Tim King is the bass guitar player for the hard rock band SOiL. He is from the Chicago area. Tim originally handled the vocals/bass/keyboards for the Chicago-based death metal band Oppressor from 1994-1998. . "After World War II, residential development began and today Mill Basin is well known as one of the most exclusive, high end neighborhoods in Brooklyn."

The property was purchased by a Brooklyn developer who plans to build single family homes--some on the water, others with just water views--and all delivered with boat slips. Massey Knakal Realty Services was the sole broker in this transaction.
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Feb 8, 2006
Words:175
Previous Article:180 B'way nets $10m.
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