Three Rent-Stabilized Buildings Transfer To New Ownership In Crown Heights, Brooklyn
Ownership has transferred on a trio of four-story rent-stabilized buildings at 1018 and 1074 Eastern Parkway and 1392 Sterling Place in Crown Heights, Brooklyn. The prewar structures yield a combined 88 rent-stabilized units and were sold on Wednesday for a total consideration of $7.6 million. The sale clears the way for a city-supported rehabilitation of the three properties, which together carry 991 open housing code violations and sit in the Department of Housing Preservation and Development’s Alternative Enforcement Program.





