January 21, 2022

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Latest Business Actual Property Transactions

Recent Commercial Real Estate Transactions
Credit score…Anthony Puopolo

$10.1 MILLION

53-55 Stone Road (between Broad Road and Hanover Sq.)

Manhattan

These two buildings on a historic block within the monetary district had been offered as a bundle. They had been constructed within the early 1900s and have a mixed 14,690 sq. ft of area. The five-story constructing at 53 Stone Road is house to Reverendo Taco & Tequila Bar and has two two-bedroom residences and two three-bedroom residences. The adjoining four-story constructing at 55 Stone Road has a ground-floor bar, Underdog, and three two-bedroom residences. The entire residences are free market.

Purchaser: Davean Holdings

Purchaser’s Dealer: Hillel Horovitz of Douglas Elliman Business

Vendor: Goldman Properties

Vendor’s Brokers: Marc Palermo and Louis Puopolo of Douglas Elliman

$2.2 MILLION

315 Fenimore Road (between Nostrand and Rogers Avenues)

Brooklyn

In-built 1931, this four-story, 16,080-square-foot constructing in Prospect Lefferts Gardens has 24 one-bedroom residences.

Purchaser: 315 Fenimore L.L.C.

Vendor: Phillibert household

Dealer: Erik Rodriguez of Rodriguez Business Realty

$7.25 MILLION

353 Bay Ridge Parkway (between Third and Fourth Avenues)

Brooklyn

This seven-story, 30,000-square-foot constructing in Bay Ridge was inbuilt 1961. It incorporates 42 rent-stabilized residences — 21 studios and 21 one-bedrooms — and one ground-floor workplace.

Purchaser: Meridian Properties

Vendor: The Baldwin L.L.C.

Brokers: Aaron Jungreis and Nick Pappas of Rosewood Realty

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