A synagogue that has been converted into a professional artist studio has hit the market for $6.2 million, Curbed reported. [more]
Posts Tagged ‘massey knakal’
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An East Village development site located at 277 East 7th Street has sold for $1.9 million, EV Grieve reported. The site already has city-approved plans for the development of a six-floor, six-unit condominium at the site, which is located between Avenues C and D.
Massey Knakal had the listing for the site, which is currently used as a parking lot. The site contains 7,461 buildable square feet. The plot was listed for $1.95 million in February 2011. [more]
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Yeshiva University has unloaded three more office properties for a total of $87.5 million, the New York Observer reported. The bulk of the purchase price was for 920 Broadway, located at East 21st Street, which sold for $58.5 million. The 16-story office building has 110,000 rentable square feet and 96 feet of Broadway frontage. [more]
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A large development site in Brooklyn’s Vinegar Hill neighborhood has sold for $25 million and is likely to attract major national retailers, the New York Observer reported.
The site, located at 39-53 Jay Street, currently holds a three-story, 80,000-square-foot manufacturing property. “This site has the largest footprint in Vinegar Hill, and possibly in all of the greater Downtown Brooklyn market,” Stephen Palmese, the director of sales at Massey Knakal and the exclusive broker on the transaction, told the Observer. “The ability to offer big box retail could really change the landscape.” [more]
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A nine-building beachfront portfolio in South Brooklyn has hit the block for $124 million, the New York Observer reported. The properties span a three-mile strip passing through Brighton Beach, Sheepshead Bay and Gravesend. All in all, the portfolio accounts for some 580,000 square feet and contains 652 rent-stabilized units, which the owner wants to sell in one fell swoop. [more]
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A six-story Lower East Side walk-up, known as the Mayflower, has sold in a heated bidding war for $11.3 million to a Long Island investor, the New York Observer reported. Massey Knakal arranged auction of the 21,309-square-foot mixed-use building, located at 221-223 East Broadway on the southeast corner of East Broadway and Clinton Street, on behalf of Red Brick Properties. Just a block south of the Seward Park Mixed-Use Development Project, Red Brick plans to hold the Beaux-Arts building and eventual transition its affordable housing units to market-rate rentals. … [more]
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Two vacant, adjacent lots traded hands in Williamsburg for $2.3 million in cash, Brownstoner reported. The lots, which were previously used for parking, are located at 307-311 Union Avenue between South 1st and South 2nd streets. The sale has not yet hit city public records. The plot offers roughly 15,000 buildable square feet, and according to Massey Knakal, which brokered the transaction, the sale price translates to $150 per buildable square foot. [more]
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Ben Ashkenazy has purchased a Harlem retail condominium located at 300 West 145th Street for $21.5 million, according to a release from Massey Knakal, which represented the seller in thee transaction. The property occupies the whole block — between 144th and 145th streets and Bradhurst Avenue and Frederick Douglass Boulevard. It includes three retail units and one below-grade parking garage. Total square footage of the retail measures 50,000 square feet, the bulk of which is occupied by a Pathmark supermarket. [more]
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A portfolio of four East 4th Street apartment buildings — three of them adjacent to one another — have hit the market with an asking price of $32 million, EV Grieve reported. The buildings are 195, 199, 201 and 203 East Fourth Street, located between Avenues A and B. [more]
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A vacant lot located at 79 Eldridge Street between Grand and Hester streets has hit the market for $4.55 million, Bowery Boogie reported — noting that small vacant lots like this one are increasingly being sold in the area. [more]














