The Real Deal New York

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Address
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Price
Tenant
Representative
Landlord
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Issue
AddressSize InfoPrice (in millions)BuyerBuyer RepresentativeSellerSeller RepresentativeNotesIssue
200 East 66th St , NY
MAP
n/a86Madison Capitaln/aO'Connor Capital PartnersEastdil Secured
The commercial portion of the…
The commercial portion of the property sold for $86 million. The purchase includes seven ground-level stores, four professional office spaces and a parking garage. Manhattan House is undergoing a $1.1 billion conversion to condos.
November 2008
463 West 159th St, NY
MAP
n/a54n/an/an/aR. Knakal, R. Shapiro, S. Shkury, Massey Knakal
The portfolio of five- and…
The portfolio of five- and six-story walk-up buildings sold for $54 million. The properties are located at 463-467 West 159th Street; 2180-2182 Amsterdam Avenue; 503-507 West 176th Street; 531 West 179th Street; 704 West 180th Street; 559-561 West 183rd Street; 510-524 West 184th Street; 507 West 184th Street; 515 West 184th Street; 516-520 West 188th Street; 283-285 Audubon Avenue; 70-72 Pinehurst Avenue; 500 West 190th Street; and 234-236 East 118th Street. The buildings contain 500 apartments and 12 commercial units.
November 2008
210 West 76th St, NY
MAP
n/a36.52148 Broadway Holdings LLC; 210 West 76th St Continental LLCJ. Rosales, R. Ancona, Lee Odell Real EstateDowntown Realty AssociatesJ. Rosales, R. Ancona, Lee Odell Real Estate
The garage sold for $36.5…
The garage sold for $36.5 million. The developers acquired an adjacent site at 2148 Broadway with plans for a 24-story, 260,000-square-foot residential tower.
November 2008
11 West 51st St, NY
MAP
n/a2811 West 51 Realtyn/aJPMorgan Chasen/a
The property sold for $28…
The property sold for $28 million. The buyer applied for permits to build a 14-story hotel at the site with first-floor commercial space, but the plans were disapproved September 19, according to public records.
November 2008
7 West 51st St, NY
MAP
n/a28Parkoff Organizationn/aBanco Popular North American/a
The commercial property sold for…
The commercial property sold for $28 million, or $651 per square foot. The seller, a division of Puerto Rico's largest bank, Popular, originally acquired the building in 1971. It operates a retail bank on the property's first floor.
November 2008
406 East 91st St, NY
MAP
n/a23The Convent of the Sacred Heartn/aVerizon New Yorkn/a
The property sold for $23…
The property sold for $23 million, or $280 per buildable square foot. The lot has a footprint of 12,500 square feet. The buyer, a Catholic school, plans to build offices, a gym and a pool on the site.
November 2008
261 West 47th St, NY
MAP
n/a21.9The Manhattan Theater Clubn/aBiltmore Theater LLCn/a
The 650-seat theater sold for…
The 650-seat theater sold for $21.9 million.
November 2008
124 West 23rd St, NY
MAP
n/a19.3Anbau Enterprises affiliaten/aFranpearl Equities Corp.n/a
The property sold for $19.3…
The property sold for $19.3 million. The buyer plans a 16-story residential building with 34 units. Franpearl Equities acquired the site, which currently has a five-story building, in 2004 for $10.6 million.
November 2008
3247 Broadway, NY
MAP
n/a14.8Columbia Universityn/aDespatch Moving & Storagen/a
The industrial property sold for…
The industrial property sold for $14.8 million, or $235 per square foot.
November 2008
1600 Central Ave, NY
MAP
n/a12.15Brooklyn investorn/an/aBrian Sarath, Massey Knakal
The commercial property sold for…
The commercial property sold for $12.15 million, or $335 per square foot. The building is 90 percent leased, and the seller plans to lease back the remaining space for one year upon closing the deal.
November 2008
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