Current Business Actual Property Transactions

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$6.6 MILLION

26-34 Sherman Avenue (between Broadway and Arden Road)

Manhattan

Inbuilt 1928, this 10,000-square-foot constructing within the Fort George neighborhood has been owned by the identical household since 1976. The one-story constructing has a basement and was final used as a medical facility by New York State. The constructing has roughly 50,000 sq. ft of air rights, and the brand new purchaser plans to exchange it with a mixed-use constructing with 40,000 sq. ft of residential area and 10,000 sq. ft of economic area.

Purchaser: Yochonon Twersky

Vendor: 30 Sherman Ave Realty

Brokers: Brian Whelan, DJ Johnston and Alexandra Curtin of B6 Actual Property Advisors

$4.7 MILLION

320 West twenty second Road (between eighth and ninth Avenues)

Manhattan

Inbuilt 1900, this five-story, 8,000-square-foot residential constructing in Chelsea has 11 one-bedroom residences and 4 studios; six are vacant and 4 are rent-stabilized. The constructing final modified fingers greater than 20 years in the past.

Purchaser: Two Kings Actual Property

Vendor: Third Outdated New York

Brokers: Danny Handweiler, Joe Koicim, Logan Markley and Peter Von Der Ahe of Marcus & Millichap

$12 MILLION

53-05 thirty seventh Avenue (between Woodside Avenue and 54th Road)

Queens

Inbuilt 1947, this two-story industrial constructing in Woodside options two overhead drive-ins, an inside loading platform and a mezzanine, totaling 29,890 sq. ft. Many of the area is on the bottom flooring, whereas the 4,557 sq. ft of the second flooring can be utilized for workplaces. The constructing additionally features a 2,000-square-foot yard.

Vendor: Nomcar Realty

Brokers: Kosta Alafoyiannis and Michail Piskun of Greiner-Maltz Actual Property



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