A two-story mixed-use building at 281 Tompkins Avenue that houses neighborhood pizza joint Rocco’s Pizza & Pasta and sits less than a block away from Brooklyn’s 79th precinct has been sold, city records show.
The 23,500-square-foot building in the Bedford-Stuyvesant neighborhood, adjacent to the New York City Housing Authority’s Louis Armstrong Houses, hosts a mix of residential, retail and garage space and changed hands for $3.3 million.
The buyer and seller, identified as Tomlex Realty and E&J Development, respectively, could not be reached for comment. But the purchase presents significant upside and development potential in the rapidly changing neighborhood, as a majority of the square footage – 9,750 of it – is currently being used as garage space. Read More