The Real Deal New York

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Address
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AddressSize InfoPrice (in millions)BuyerBuyer RepresentativeSellerSeller RepresentativeNotesIssue
700 Eighth Ave, NY
MAP
Fee interest in hotel bldg325Deutsche Asset & Wealth Management; David Wernern/aRockpoint Group; Highgate Hotelsn/a
The leased fee interest in…
The leased fee interest in the Milford Hotel New York sold for $325 million, Real Estate Weekly reported. The transaction is subject to a new 99-year ground lease, according to the paper.
May 2013
350 Madison Ave, NY
MAP
24-story, 394,000 sf office bldg261.5RFR Holdingsn/aKensico PropertiesR. Baxter, J. Caplan, R. Cohen, S. Latham, Jones Lang LaSalle
The property sold for $261.5…
The property sold for $261.5 million. The building has 70,000 square feet of retail space, which has been tenanted by upscale clothing retailer Paul Stuart since 1938.
May 2013
250 South St, NY
MAP
Development site103.4Extell Developmentn/aCherry Street LLC/Park-It Managementn/a
The former site of a…
The former site of a Pathmark grocery store sold for $103.4 million, the Lo-Down NY reported.
May 2013
300 Livingston St (Brooklyn), NY
MAP
600,000 buildable sf development site75TF Cornerstonen/aThor EquitiesRobert Knakal, Massey Knakal
The parking garage and retail…
The parking garage and retail property sold for $75 million, Crain's reported.
May 2013
58 and 60 East 86th St, NY
MAP
Development site31Glenwood Managementn/aColumbia University Mailman School of Public Health; Morgan Holding Capitaln/a
The adjacent buildings sold for…
The adjacent buildings sold for a combined $31 million. The four-story townhouse at 60 East 86th Street sold for $22.2 million and the six-story rental building at 58 East 86th Street sold for $8.8 million.
May 2013
25 Paidge Ave (Brooklyn), NY
MAP
41,000 sf industrial space27.4Arc Terminalsn/aMotiva Enterprisesn/a
The refined petroleum products terminal…
The refined petroleum products terminal sold for $27.4 million.
May 2013
835 Myrtle Ave (Brooklyn), NY
MAP
Development site27Alliance Private Capital Groupn/an/aKenneth Zakin, Newmark Grubb Knight Frank
The former General Linen Supply…
The former General Linen Supply & Laundry plant sold for $27 million, the New York Post reported. The site can support a development of 251,505 square feet of residential space and 101,000 square feet of commercial space, according to the Post.
May 2013
2520 Tilden Ave (Brooklyn), NY
MAP
9-story apt. bldg, 117 units total22.9United Realty TrustG. Corbin, A. Doshi, Besen & AssociatesTilden LLCG. Corbin, A. Doshi, Besen & Associates
The elevator building sold for…
The elevator building sold for $22.9 million.
May 2013
243, 244, 247, 333 and 335 East 33rd St, NY
MAP
5 apt. bldgs, 63 units total20.6n/aG. Raff, R. Cohen, Besen & AssociatesFive on 33rd LLCG. Raff, R. Cohen, Besen & Associates
The package sold for $20.6…
The package sold for $20.6 million.
May 2013
58-60 Ninth Ave, NY
MAP
10,839 sf retail bldg18.2DelShah Capital LLCn/aIcon Realty ManagementDavid Schechtman, Eastern Consolidated
The property sold for $18.2…
The property sold for $18.2 million. Located across the street from an Apple Store, the space is currently home to Pop Burger, which will be closing in the near future.
May 2013
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