Unfinished townhouse sets Fort Greene record with $8.8M sale

by Jake Indursky

An unfinished five-story townhouse snagged a record sale for Brooklyn’s Fort Greene neighborhood. A local developer purchased the home at 39 South Portland Avenue last year for $4.7 million, according to public records, and planned to turn it into a four-unit condominium with a total sellout of $10.6 million.  Instead, Vadem Brodsky, who had his offering plan accepted by the state attorney general’s office in March, sold the unfinished property for $8.75 million in an all-cash deal marking the priciest sale in Fort Greene.  The sale beats out the previous record set by a 5,300-square-foot townhouse just one block over […]This article originally appeared on The Real Deal. Click here to read the full story.
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