73–99 Empire Boulevard – CW Realty’s $40M Acquisition CW Realty Group, led by Cheskie Weisz, recently acquired 73-99 Empire Boulevard for $40 million. This 13-story mixed-use development will feature 261 residential units, with 52 affordable units, and 90,000 sq ft of retail space, including a grocery store. While average rents have not been disclosed, the total building size is 250,000 sq...
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1. Overpricing Your Home One of the biggest mistakes sellers make is setting a price too high. 555 Properties LLC and broker Valerie Sebbag know that pricing too aggressively can slow sales and reduce buyer interest. Accurate pricing ensures your home attracts serious buyers quickly. 2. Neglecting Curb Appeal First impressions matter. Crown Heights buyers are drawn to charming brownstones and...
Rising Home Values Crown Heights continues to show strong appreciation in 2025. Median home prices range from $1M to $1.4M, depending on source, with year-over-year growth between 10-15%. Properties are selling faster than in previous years, signaling steady buyer demand in this vibrant Brooklyn neighborhood. New Developments and Neighborhood Shifts Major projects like the Botanica rental tower...
Why Choose the Right Broker Matters When it comes to selling property, having the right guidance makes all the difference. A skilled broker ensures your home is priced correctly, marketed effectively, and showcased to attract qualified buyers. That’s where 555 Properties LLC comes in. Experience You Can Trust Led by seasoned broker Valerie Sebbag, the firm has built a reputation for delivering...
Crown Heights, Brooklyn, is undergoing one of its biggest waves of commercial transformation in years. Between rezonings, large site acquisitions, and new mixed-use projects, the neighborhood is shaping up as a major hub for investors, developers, and retail tenants. Major Deal: CW Realty Acquires 73-99 Empire Boulevard In August 2025, CW Realty, led by developer Cheskie Weisz, closed on the...
Investors Target Brooklyn’s Multi-Family Homes as Rental Demand Soars As New York City continues to grow, Brooklyn’s multi-family properties have become one of the most sought-after asset classes for investors. Buildings ranging from two-family brownstones to larger walk-ups are consistently trading at strong valuations. Rental demand in neighborhoods like Flatbush, Crown Heights, and East New...
Brooklyn's real estate market remains strong in 2025 despite economic uncertainties. Contract signings increased by 7% year-over-year in the first quarter, with steady price appreciation across most property types. Key Highlights: Contract Signings: +7% YoY Price Appreciation: Steady across segments Market Context:Brooklyn continues to offer diverse opportunities for buyers, sellers, and...
Brooklyn’s multifamily market remained robust in the first quarter of 2025. Average advertised rents rose 0.5% to $3,643, with occupancy remaining high at 98.8%. Over 25,600 units are currently under construction, surpassing the combined development pipelines of Manhattan and Queens. Key Highlights: Average Rent: $3,643 (+0.5%) Occupancy Rate: 98.8% Units Under Construction:...
During the first half of 2025, Brooklyn recorded $730 million in multifamily sales across 140 transactions, representing a 28% increase from the same period in 2024. Key Highlights: Total Sales Volume: $730 million Transactions: 140 Year-over-Year Increase: 28% Market Context:The stable investment activity demonstrates a healthy market environment for multifamily properties, making...
As of mid-2025, Brooklyn’s commercial real estate market is showing strong momentum. Multifamily, retail, office, and development sectors all contributed to year-over-year improvement, creating a balanced investment climate. Key Highlights: Sector Performance: Multifamily, retail, office, and development sectors showing growth Market Context:The diverse growth across commercial sectors...