266 Washington Avenue sells for $20 mio

According to the Real Deal, the building at 266 Washington Avenue in Clinton Hill has sold for $20MM. A big developer, Dermot Company, purchased the lot, which has 38,000 additional buildable air rights.

Dermot Company has had a history of building large-scale residential buildings. In addition, it is the developer of Fort Greene's own One Hanson Place condominiums. For the building's link, click here.