|Address||Size Info||Price (in millions)||Buyer||Buyer Representative||Seller||Seller Representative||Notes||Issue|
|154 Delancey St, NY|
|n/a||15.75||Sam Chang||n/a||n/a||Michael DeCheser, Massey Knakal|
The property sold for $15.75…
The property sold for $15.75 million, or $330 per buildable square foot. The current zoning for the site is C6-1, but a proposed C6-2A zoning change could boost the total buildable square footage to 47,706.
|180 Bowery, NY|
|n/a||11.78||Manhattan investor||n/a||The 114 Bowery Corporation||Robert Burton, Massey Knakal|
The property sold for $11.78…
The property sold for $11.78 million, or $393 per buildable square foot. The site has a three-story, 10,750-square-foot commercial building.
|555 Hutchinson River Pkwy, NY|
|n/a||11.68||Baywood Hotels||Laurence Ross, Besen & Associates||Whitestone Motel Co.||Laurence Ross, Besen & Associates|
The Capri Whitestone Motel sold…
The Capri Whitestone Motel sold for $11.68 million, or about $123,000 per room. The property has 190 feet of frontage and sits on a 98,000-square-foot lot with parking spaces.
|212 East 47th St, NY|
|n/a||11.5||Long Island parking company||n/a||n/a||Robert Knakal, Massey Knakal|
The 105-car parking garage sold…
The 105-car parking garage sold for $11.5 million, or $469 per square foot. The space is currently occupied by Central Parking System, whose lease expires in May 2009 with no renewal options.
|125 Maiden Ln, NY|
|n/a||11.5||The Jewish Forward||Larry Roberts, Arch Brokerage||Empire State Development Corp.||Michael Rudder, Time Equities|
The news organization purchased the…
The news organization purchased the entire eight-floor space for $11.5 million, or $450 per square foot. The company plans to relocate at the end of the year from 45 East 33rd Street.
|East 11th St and Avenue A, NY|
|n/a||10.4||Archdiocese of New York||n/a||The Salesian Society||n/a|
Two of the three playground…
Two of the three playground parcels went into contract for $10.4 million. The buyer owns the third parcel as well as the adjacent Mary Help of Christians Catholic Church that was closed in May 2007.
|75 Greene St, NY|
|n/a||8.97||Alberto Makali||n/a||The Dorcel Corporation||n/a|
The loft building sold for…
The loft building sold for $8.97 million. It is currently unoccupied, but the buyer plans to rehabilitate it and offer it for rent this fall. The first floor unit will be leased as retail space and the upper floors as offices.
|35 West 23rd St, NY|
|n/a||7.15||AWN Holding LLC||Roxanne Betesh, Sinvin Realty||n/a||Alan Gallaway, Kurland Realty|
The retail condo sold for…
The retail condo sold for $7.15 million.
|1207 49th St, NY|
|n/a||6.25||Brooklyn Pinnacle Realty Group||Moshe Gottfried, Blue Sky Realty||n/a||Jason Maier, Massey Knakal|
The property sold for $6.25…
The property sold for $6.25 million, or $174 per square foot. The price represents a capitalization rate of 5.55 percent and a gross rent multiple of 11.7. The building has 36 residential units and seven commercial units.
|30-59 Steinway St, NY|
|n/a||6.1||New York investor||n/a||n/a||Alfonso Holloman, Massey Knakal|
The property sold for $6.1…
The property sold for $6.1 million, or $437 per square foot. The site has two stores, a parking lot, warehouse space and 12 apartments.
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Inside the current issue - August 2014