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Tenant
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Landlord
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AddressSize InfoPrice (in millions)BuyerBuyer RepresentativeSellerSeller RepresentativeNotesIssue
137 West 25th St, NY
MAP
n/a10Micropower USAn/aPublicly traded Fortune 500 companyR. Burton, B. Emmetsberger, Massey Knakal
The five vacant, contiguous office…
The five vacant, contiguous office condo units on floors five through nine sold for $10 million, or $337 per square foot.
June 2011
909 Avenue T, Brooklyn, NY
MAP
n/a8.45n/aJ. Blatter, A. Jungreis, Rosewood RealtySkyline NYC LLCJ. Blatter, A. Jungreis, Rosewood Realty
The walk-up buildings sold for…
The walk-up buildings sold for $8.45 million. The price represents a gross rent multiple of 9.5.
June 2011
508 West 20th St, NY
MAP
n/a7.3Sherwood Equitiesn/an/an/a
The stalled development site sold…
The stalled development site sold for $7.3 million. The buyer is looking to take advantage of a special city zoning rule that would allow the transfer of the air rights to other West Chelsea properties.
June 2011
25 West 23rd St, NY
MAP
n/a5.65Pan Brothers AssociatesAnand Melwani, ARM Real Estate GroupRegal InvestmentsJasper Socia, Independent Properties
The property sold for $5.65…
The property sold for $5.65 million.
June 2011
1104 Carroll Pl, Bronx, NY
MAP
n/a5.55n/aLynda Blumberg, Besen & Associates1104 Carroll Place Associates LLCAmit Doshi, Besen & Associates
The walk-up building sold for…
The walk-up building sold for $5.55 million, or $79 per square foot. The price represents a gross rent multiple of 7.6.
June 2011
252 10th Ave, NY
MAP
n/a5.15n/an/an/aB. Emmetsberger, J. Nelson, Massey Knakal
The properties sold for $5.15…
The properties sold for $5.15 million, or $679 per square foot.
June 2011
207 West 75th St, NY
MAP
n/a5.03n/an/an/aPaul Smadbeck, Massey Knakal
The property sold for $5.03…
The property sold for $5.03 million, or about $1,000 per square foot.
June 2011
112-20 14th Ave, Queens, NY
MAP
n/a4.8n/an/an/aStephen Preuss, Massey Knakal
The property sold for $4.8…
The property sold for $4.8 million, or $135 per square foot.
June 2011
1901 Grand Concourse, Bronx, NY
MAP
n/a4.65Stuart MorganAaron Jungreis, Rosewood Realty1901 GC Corp.Aaron Jungreis, Rosewood Realty
The elevator building sold for…
The elevator building sold for $4.65 million. The price represents a gross rent multiple of 7.6.
June 2011
1973 Amsterdam Ave, NY
MAP
n/a4.3n/an/aPrivate investorP. Vond Der Ahe, S. Edelstein, Marcus & Millichap
The property sold for $4.3…
The property sold for $4.3 million. The price represents a gross rent multiple of 8.6 and a capitalization rate of 6.4.
June 2011
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