Eye On Real Estate: Recently-sold 111 Columbia Heights is under renovation
Nothing is so beautiful as Spring.
That line from poet Gerard Manley Hopkins came to mind the other day as we strolled the streets of Brooklyn Heights, checking up on some properties.
Lilac and cherry trees were blooming, stunning arrays of flowers were sprouting in window boxes and ornamental urns, green leaves — finally! — had unfurled on branches. There were blue hydrangeas on Orange Street. Hmm. The Mets’ team colors.
The city’s oldest landmarked neighborhood is an ideal setting for the season to shine. And the renovation projects and “For Sale” signs made the scene even more interesting.
* * *
Real estate investor Peter Yatrakis sold a fine red-brick rowhouse at 111 Columbia Heights while we weren’t paying attention.
The Brooklyn Heights property changed hands last August for $6 million, city Finance Department records indicate.
The purchaser, identified in city Buildings Department records as Reed Lowenstein, wants to convert the four-family house to a single-family home.
* Another single-family home conversion is planned at 160 Clinton St., which is now a two-family rowhouse. The owner, ID’d in Buildings Department records as Andrew Saltoun, bought the house for $4.25 million through an LLC in 2013, Finance Department records indicate.
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Various websites say Saltoun is a veteran of Goldman Sachs, Vestar Capital Partners and Duane Street Capital who in 2011 became CEO of Integra Partners, a network that connects providers of orthotics, prosthetics and durable medical equipment to health plans and patients.