January 16, 2022

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Current Industrial Actual Property Transactions

Recent Commercial Real Estate Transactions

$2.2 MILLION

194 thirtieth Avenue (between Fourth and Fifth Avenues)

Brooklyn

Inbuilt 1910, this 9,516-square-foot, two-story constructing in Greenwood Heights has two two-bedroom flats. The constructing was delivered vacant to a developer who plans to construct a brand new residential constructing on the lot.

Purchaser: Daniel Kaykov

Vendor: Jose Barreto

Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Gabriel Kates and Daniel Shawah of Bestreich Realty Group

Credit score…Michael Sherman

$3.4 MILLION

279 Water Avenue (at Dover Avenue)

Manhattan

This 5,653-square-foot property in Decrease Manhattan consists of a three-story wooden constructing and a four-story brick constructing linked on the primary and second flooring. Each buildings had been inbuilt 1794 and are thought-about two of the oldest in Manhattan. The Bridge Café occupied the bottom ground of each buildings earlier than closing in 2012. The higher flooring in each buildings are vacant lofts.

Purchaser: Below the Bridge

Vendor: Bridge Associates

Dealer: Michael Sherman of Baseline Actual Property Advisors

$20 MILLION

431 Broome Avenue (between Broadway and Crosby Avenue)

Manhattan

This five-story constructing in SoHo was inbuilt 1825 and totally renovated in 2014. It incorporates the 14-room Broome Resort, which occupies 7,480 sq. toes and features a 1,040-square-foot cafe and a retail space with a road show. The property additionally has a 2,500-square-foot basement and a courtyard.

Vendor: Pacific 4

Dealer: Raphael Sitruk of Keller Williams NYC

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