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NYC Economic Development Corporation Sells Brooklyn Retail

Toys "R" Us Acquires Flatbush Site for $13M
By Katia Cruz
April 24, 2013 | 1:39 P.M.

Toys "R" Us acquired the retail building at 2875 Flatbush Ave. in Brooklyn, NY from the New York City Economic Development Corporation for $13 million, or approximately $255 per square foot, according to public records documents. This single-story, 51,000-square-foot, free-standing building was delivered in 1965 in the South Brooklyn submarket of Kings County. It was built on three acres, and Toys "R" Us has already moved into the space.

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