Another downtown property changes hands

Another downtown property changed hands recently, this time a mixed-used  building on Irving Street.

The three-story property at 1582 Irving St. sold in June for $308,500 — almost exactly twice the $155,000 that it went for in February 2011, according to property records. The deed was recorded June 5 in the County Clerk’s office.

1582 Irving St Block 153, Lot 4 is assessed for $128,300, so property taxes for the most recent year were approximately $8,410.

Farn Real-Estate Investment, LLC, of Avenel acquired the property from another LLC based in Wallington. The first floor contains what most recently was office space, topped by two floors of apartments.

A number of downtown properties have changed hands this year, including a couple of apartment buildings.