|Address||Size Info||Price (in millions)||Buyer||Buyer Representative||Seller||Seller Representative||Notes||Issue|
|247 East 28th St, NY|
|17-story apt. bldg, 128 units total||99.75||n/a||George Niblock, Friedman-Roth Realty||RWN Real Estate Partners; Silverstone Property Group||n/a|
The property sold for $99.75…
The property sold for $99.75 million.
|2160 Matthews Avenue, Bronx, NY|
|4 apt. bldgs, 305 units total||53.03||Goldfarb Properties||A. Doshi, L. Blumberg, Besen & Associates||Putter Realty Corp.||A. Doshi, L. Blumberg, Besen & Associates|
The package of apartment buildings…
The package of apartment buildings sold for $53.03 million, or $158 per square foot. The price represents a capitalization rate of 6.1 percent and a gross rent multiple of 9.8. The properties are located at 2160 Matthews Avenue, 1135 Pelham Parkway North and 1130 and 1540 Pelham Parkway South.
|540 West 21st St, NY|
|5,320 sf retail bldg||50||n/a||n/a||n/a||Denham Wolf|
The property sold for $50…
The property sold for $50 million.
|335 West 35th St, NY|
|12-story office bldg||42.5||Manhattan 335 Tower Inc.||n/a||Acuity Capital Partners||n/a|
The property sold for $42.5…
The property sold for $42.5 million.
|161-165 West 17th St, NY|
|55-unit apt. bldg||35.6||n/a||Lipa Lieberman, Eastern Consolidated||n/a||D. Schechtman, A. Kassin, Eastern Consolidated|
The property sold for $35.6…
The property sold for $35.6 million.
|223-225 Bowery, NY|
|10-story hotel bldg||30||Omnia Group Ltd; North Wind Group||R. Ortiz, A. Miller, Eastern Consolidated||The Salvation Army||n/a|
The former single-room-occupancy hotel building…
The former single-room-occupancy hotel building sold for $30 million. The property will be converted into an Ace Hotel and possibly luxury residential condos.
|1064-1066 Madison Ave, NY|
|5-story mixed-use bldg||26||n/a||n/a||n/a||Thomas Gammino Jr., Massey Knakal|
The property sold for $26…
The property sold for $26 million, or $2,253 per square foot.
|809 Broadway, NY|
|Development site||24||IDM Capital||Joe Berko, Berko & Associates||Blatt Billiards||Joe Berko, Berko & Associates|
The property sold for $24…
The property sold for $24 million. The buyer plans to build a 15-story mixed-use tower on the site.
|2770 Broadway, NY|
|9,500 sf retail condo||20.25||David Berley, Walter & Samuels||Ric Kaiser, Cohen Real Estate||Charles Ackerman, Ackerman and Co.||Ric Kaiser, Cohen Real Estate|
The retail condo sold for…
The retail condo sold for $20.25 million.
|17 East 47th St, NY|
|8-story comm. bldg||18||Sun Acre's LLC||S. Zimmerman, M. Jones, D. Schechtman, Eastern Consolidated||The Center for Fiction||S. Zimmerman, M. Jones, D. Schechtman, Eastern Consolidated|
The property sold for $18…
The property sold for $18 million.
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Inside the current issue - April 2014