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| Address | Size Info | Price (in millions) | Buyer | Buyer Representative | Seller | Seller Representative | Notes | Issue |
|---|---|---|---|---|---|---|---|---|
| 176 West 82nd St, NY MAP | 4-bldg res. portfolio, 28,800 sf total | 12 | Manhattan investor | M. Ferguson, Massey Knakal; L. Li, Corcoran Group | n/a | M. Ferguson, Massey Knakal; L. Li, Corcoran Group | The portfolio sold for $12… The portfolio sold for $12 million, which represents a capitalization rate of 5.2, a gross rent multiple of 15.3 and a per square foot price of $417. It is zoned for an additional 28,380 square feet of air rights, and the buyer plans a condominium conversion. | February 2007 |
| 2112 Starling Ave, Bronx NY MAP | 7-story, 100-unit apt. bldg | 7 | Local investor | Nicole Carra, NLC Realty | n/a | Nicole Carra, NLC Realty | The elevator building, which includes… The elevator building, which includes an indoor parking garage, sold for $7.1 million. | February 2007 |
| 425 Broadway, NY MAP | 5-story, 12,500 sf loft bldg | 7 | n/a | Bart Zimmermann, Itzhaki Properties | n/a | Bart Zimmermann, Itzhaki Properties | The elevator building sold for… The elevator building sold for $7.6 million, which equates to a per square foot price of $608. | February 2007 |
| 3600 Bedford Ave, Brooklyn NY MAP | 56,000 sf development site | 5 | M & R Real Estate | Vincent Lopez, Kalmon Dolgin Affiliates | DB Real Estate Enterprises | Vincent Lopez, Kalmon Dolgin Affiliates | The site sold for $5.7… The site sold for $5.7 million, or $102 per buildable square foot. | February 2007 |
| 37-60 82nd St, Queens NY MAP | 4-story, 10,800 sf comm. bldg | 5 | Queens user | Swain Weiner, Massey Knakal | n/a | Swain Weiner, Massey Knakal | The building sold for $5.5… The building sold for $5.5 million, which represents a capitalization rate of 9.0, a gross rent multiple of 8.8 and a per square foot price of $509. | February 2007 |
| 270 Bleecker St, NY MAP | 4-story, 3,900 sf mixed-use bldg | 4 | Manhattan investor | James Nelson, Massey Knakal | n/a | James Nelson, Massey Knakal | The retail and residential property… The retail and residential property sold for $4 million, which represents a capitalization rate of 6.2, a gross rent multiple of 13 and a per square foot price of $1,028. The property is currently divided into four residential units and a ground-floor office; the buyer, a 1031 investor, plans to convert it to single-family use. | February 2007 |
| 550 West 29th St, NY MAP | 3-story mixed-use bldg | 4 | Mazl Building LLC | Yaron Zohar, Homequest Properties | Falling Arches | Yaron Zohar, Homequest Properties | The walk-up building sold for… The walk-up building sold for $4.3 million. | February 2007 |
| 98 Greenwich Ave, NY MAP | 4-story, 3,976 sf mixed-use bldg | 3 | Manhattan investor | J. Nelson, R. Knakal, Massey Knakal | n/a | J. Nelson, R. Knakal, Massey Knakal | The office and residential building… The office and residential building sold for $3.1 million, which represents a capitalization rate of 4.4, a gross rent multiple of 17 and a per square foot price of $786. The property is currently divided into four residential units and a ground-floor office; the buyer plans to convert it to single-family use. | February 2007 |
| 525 West 158th St, NY MAP | 5-story, 72-unit apt. bldg | 3 | Mr. and Mrs. H. Ting | Mr. Ting Tan | 525 West 158th Street, LLC | J. Mann, W. Newell, Reilly Mann Newell Realty Group | The walk-up building sold for… The walk-up building sold for $3.1 million, or 10.4 times the annual rent roll. | February 2007 |
| 42-34 27th St, Long Island City NY MAP | 1-story, 5,000 sf comm. bldg | 2 | Royal Real Estate Management | Vincent Lopez, Kalmon Dolgin Affiliates | KMF Property Group Inc. | Vincent Lopez, Kalmon Dolgin Affiliates | The property sold for $2.6… The property sold for $2.6 million, or $520 per square foot. | February 2007 |
