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AddressSize InfoPrice (in millions)BuyerBuyer RepresentativeSellerSeller RepresentativeNotesIssue
19 East 82nd St, NY
MAP
5-story comm. bldg27.75Cy Twombly FoundationMeg Siegel, SothebyWarren AdelsonJudson Realty
The mansion sold for $27.75…
The mansion sold for $27.75 million, the Wall Street Journal reported. The buyer, a foundation set up by the late artist Cy Twombly, plans to turn the building into an education center and museum.
July 2012
35 West 64th St, NY
MAP
68-unit apt. bldg26Astoria Realty Partners; Mornos RealtyJ. Smith, N. Haque, Friedman-Roth Realtyn/aJude Dayani, Orsid Realty
The property sold for $26…
The property sold for $26 million. The building has housed the Michelin-starred restaurant Picholine on the ground floor since 1993.
July 2012
204 Huntington St, Brooklyn, NY
MAP
3-story, 62,404 sf apt. bldg, 60 units total24.5n/an/an/aS. Palmese, B. Knakal, Massey Knakal
The property sold for $24.5…
The property sold for $24.5 million.
July 2012
385 Union Ave, Brooklyn, NY
MAP
6-story, 53,000 sf apt. bldg, 47 units total21.55Madison Realty Capitaln/aCity National Bankn/a
The defaulted note on the…
The defaulted note on the property sold for $21.55 million. The original developers planned to sell the residential units as condominiums, but they defaulted on their loan in 2009, and the bank filed to foreclose the following year. City National had taken over the loan from the original lender, a failed bank, through the Federal Deposit Insurance Corporation, city records show.
July 2012
40 Rector St, NY
MAP
48,000 sf office condo18.3The China Institute in American/aPhilips InternationalNewmark Grubb Knight Frank
A two-level office space on…
A two-level office space on the ground and second floors sold for $18.3 million.
July 2012
290 West Street, NY
MAP
Development site15.46VE Equitiesn/aExxon Mobilen/a
The development site sold for…
The development site sold for $15.46 million. The buyer is planning a luxury residential development on the site.
July 2012
36-20 Bowne St, Queens, NY
MAP
6-story, 78,000 sf apt. bldg, 87 units total14.38Frey ManagementJosh Orlander, GFI Realty36-20 Bowne LLCShlomo Antebi, GFI Realty
The elevator building sold for…
The elevator building sold for $14.38 million. The price represents a gross rent multiple of 10.5.
July 2012
131 Emerson Place, NY
MAP
176,600 buildable sf development site13n/an/an/aS. Palmese, W. Clifford, Massey Knakal
The development site sold for…
The development site sold for $13 million, or $74 per buildable square foot.
July 2012
42 East 76th St, NY
MAP
Comm. townhouse11.2The Hewitt Schooln/an/an/a
The townhouse sold for $11.2…
The townhouse sold for $11.2 million, the Wall Street Journal reported. The purchase will allow the Hewitt School to expand its space by 25 percent.
July 2012
218 Bowery, NY
MAP
4-story, 17,000 sf hotel bldg11Alessandro Zampedri; Andrea Venturellin/an/aRobert Burton, Massey Knakal
The property sold for $11…
The property sold for $11 million. Formerly known as the Prince Hotel, the building has 13,000 additional square feet of air rights for future development.
July 2012
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