Treetop buys Far Rockaway rental complex for $135M

Treetop Development picked up a four-building rental complex in Queens’ Far Rockaway neighborhood from E&M Associates for $135 million, the buyer said. The complex at 711 Seagirt Avenue has four interconnected properties with a total of 916 rental apartments and eight commercial units. The buildings, known as the Sand Castle, sit just two blocks from the beach. Westwood Realty Associates’ Steven Vegh represented both sides in the deal. Vegh said the purchase is a “significant […] Read More >> https://therealdeal.com/2017/11/21/treetop-buys-far-rockaway-complex-for-135m/

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