November 29, 2021

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Current Industrial Actual Property Transactions

Recent Commercial Real Estate Transactions

$2 MILLION

2700 Church Avenue (at Rogers Avenue)

Brooklyn

In-built 1895, this 4,800-square-foot, two-story constructing in Flatbush was delivered vacant. The higher unit was an workplace area, and the bottom flooring was residence to a bakery.

Purchaser: 2700 Church Realty

Vendor: The Francis household

Brokers: Erik Rodriguez of Rodriguez Industrial Realty

$4.05 MILLION

120 East 116th Avenue (between Park and Lexington Avenues)

Manhattan

This five-story, 9,800-square-foot constructing in Harlem was constructed round 1900. It accommodates eight two-bedroom flats, all occupied, and a retail area that has been vacant since Granada Worldwide Gross sales, a liquor retailer, left in 2016.

Purchaser: Flatiron Realty Capital

Purchaser’s Dealer: Josh Goldflam of Highcap Group

Vendor: The Abi-Hassoun household

Vendor’s Brokers: Mr. Goldflam and Jeff Weiss, additionally of Highcap Group

$12 MILLION

435 West 141st Avenue (between Convent Avenue and Hamilton Terrace)

Manhattan

This church within the Hamilton Heights Historic District of Harlem has been owned by St. Luke’s Episcopal Church because it was in-built 1892. Designed by Robert H. Robertson, the architect of the historic New York Financial savings Financial institution constructing in Chelsea, it’s about six tales excessive. The property is being bought as a redevelopment website with 60,975 buildable sq. toes.

Vendor: St. Luke’s Episcopal Church

Brokers: Dwane Omar Jones, Kodi Traver and Joseph French Jr. of Marcus & Millichap

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