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|Address||Size Info||Price (in millions)||Buyer||Buyer Representative||Seller||Seller Representative||Notes||Issue|
|414 West 14th St, NY|
|2 office bldgs, 28,000 sf total||70||Sitt Asset Management; The Carlyle Group||C. Owles, M. Glanzberg, Sinvin Realty||Todd Cohen, Terrence Lowenberg, Michael Miller, The Icon Group||C. Owles, M. Glanzberg, Sinvin Realty|
The two buildings sold for…
The two buildings sold for $70 million, or an area record of $2,500 per square foot. The buyer plans to reconfigure the space for five levels with more than 46,000 square feet of retail and office space, including a penthouse and selling basement. The sellers originally purchased the properties in March 2006 for $18.5 million.
|313 East 46th St, NY|
|Development site||40||Castle Development||n/a||Extell Development||Eastern Consolidated|
The 7,490-square-foot lot sold for…
The 7,490-square-foot lot sold for $40.95 million. The buyer plans to build a condo tower that could be up to 100,000 square feet. Three small five-story walk-up apartment buildings have been demolished, and foundation work is expected to begin by year's end. The asking price was $42 million.
|140 West 72nd St, NY|
|8 apt. bldgs, 54 units total||37||SW Management||Edmond Levy, Cornerstone Property Group||n/a||Lipa Lieberman, Cornerstone Property Group|
The four- and five-story buildings,…
The four- and five-story buildings, which total 60,000 square feet, sold for $37.5 million, or $625 per square foot. The properties also include 11 stores and 11 commercial units.
|90 Lexington Ave, NY|
|13-story, 107-unit apt. bldg||30||Westbrook Partners||n/a||n/a||n/a|
The 128,500-square-foot property sold for…
The 128,500-square-foot property sold for $30.5 million, or $237.35 per square foot.
|948 Second Ave, NY|
|Development site||30||Manhattan developer||n/a||n/a||C. Olsen, M. Harari, Massey Knakal|
The residential property sold for…
The residential property sold for $30 million, or $417 per buildable square foot. The buildable square footage was increased to 71,832 square feet after a total of 24,757 square feet of air rights were purchased from neighboring buildings. The buyer plans to build a luxury condominium at the site, which the seller purchased for $17.5 million last year.
|87 Chambers St, NY|
|5-story mixed-use bldg||23||Industrial Buildings Corp.||n/a||n/a||n/a|
The 19th-century Tribeca building sold…
The 19th-century Tribeca building sold for $23 million to a joint venture between Israel's biggest real estate company and an unnamed partner. The team plans to spend another $25 million to convert the property into a 100-room boutique hotel. A $17 million loan was provided to finance the deal.
|20 Henry St, Brooklyn NY|
|7-story, 45,990 sf residential bldg||19||Urban Realty Partners||n/a||Broadway Management; The Praedium Group||B. Leary, R. Knakal, Massey Knakal|
The potential conversion site sold…
The potential conversion site sold for $19.6 million. The buyer has secured rights to build a four-story, 14,500-square-foot apartment building on the parcel adjacent to the existing building, which is vacant and located in the Brooklyn Heights Historic District.
|825 Bronx River Ave, Bronx NY|
|9.5-acre industrial site||16||Lighthouse Real Estate Ventures||n/a||Abraham Leser||NAI Friedland Realty|
The property, formerly home to…
The property, formerly home to Lockheed Martin Corp. and Loral Electronics Corp., sold for $16.5 million. The site contains a vacant 86,000-square-foot building and allows for up to 440,000 square feet of new development. The buyer plans to lease out the building and hopes to net lease the land.
|100 Parkside Ave, Brooklyn NY|
|166,585 sf medical bldg||15||The Chetrit Group||n/a||The Brooklyn Hospital Center||n/a|
The former Caledonian Hospital sold…
The former Caledonian Hospital sold for $15.6 million. The site can support more than 200,000 square feet of residential development.
|483 Ocean Pkwy, Brooklyn NY|
|6-story, 63-unit apt. bldg||12||Manhattan institutional buyer||n/a||n/a||Jason Maier, Massey Knakal|
The 48,600-square-foot elevator property sold…
The 48,600-square-foot elevator property sold for $12.4 million, or $255 per square foot. The price represents a capitalization rate of 4.87 percent and a gross rent multiple of 15. The 40-year-old building, which features a sixth floor duplex and two penthouse units in addition to a full underground parking garage, had never been on the market before and drew a bidding war.