New York real estate players are taking advantage of a rare window to acquire properties on Lincoln Road, which has become one of the most desirable blocks in the nation for the investment community.
The latest New York buyer to strike is RC Lincoln Road Holdings LLC, which paid $16 million on July 19 for the Van Dyke Building at 846 Lincoln Road on South Beach, according to Miami-Dade County records. The mixed-use building is best known for the popular live music venue Van Dyke Cafe on the ground floor.
