380 Columbus Avenue and Margaret Streicker Porres of Newcastle

The nearly 12,000-square-foot commercial condominium at 380 Columbus Avenue is being put on the market for the first time since the building was constructed in 1900, The Real Deal has learned.

A team of brokers at Eastern Consolidated, led by Executive Managing Director David Schechtman, has been retained to sell the space with an asking price of $23.5 million. [more]

Inset: Adelaide Polsinelli

“What I did for the gig” is a weekly web feature that chronicles the outlandish, risky and comical strategies that residential and commercial real estate brokers have used to land listings, clients and jobs.

Call me maybe?

Five years ago, Adelaide Polsinelli, an investment sales broker at Eastern Consolidated, was trying to nab an exclusive listing for a walk-up apartment building in the East Village. But the owner, a landlord who Polsinelli declined to name, refused to hear her pitch.  [more]

666 Fifth Avenue

Manhattan commercial property sales were $10.5 billion in the fourth quarter of 2012, up 80 percent from the $5.8 billion in sales in the third quarter, according to the latest Manhattan Commercial Property report from Eastern Consolidated. A key reason for the surge was investor anxiety about capital gain increases that would be triggered by the fiscal cliff. “We found that both buyers and sellers were eager to make the deal and have it close by year-end,” said Daun Paris, president of Eastern Consolidated. The report found that the volume of property sales also increased to 345, up from 318 in the third quarter. … [more]

Great Neck, LI-based property owner Parkoff Organization purchased an Upper East Side mixed-use building at 1248-1250 Lexington Avenue for $10 million yesterday, a broker on the deal said. The five-story building at the corner of Lexington and 84th Street has 24 mostly rent-stabilized apartments and six commercial units, including one that is home to Mimi’s Pizza Kitchen. City property records listed the seller as Sussex Associates. Adam Parkoff, principal with the buyer, said his firm bought it because of the steady residential and retail demand on the Upper East Side…. [more]