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| Address | Size Info | Price (in millions) | Buyer | Buyer Representative | Seller | Seller Representative | Notes | Issue |
|---|---|---|---|---|---|---|---|---|
| 119 West 40th St, NY MAP | Two class-B office properties | 100 | AEW Partners V LP | n/a | Cousins Team III | n/a | Joint venture between Colliers ABR… Joint venture between Colliers ABR Inc. and AEW Capital Management LP bought the 22-story 327,650 square foot 119 West 40th and the five-story 120 West 41st, which also includes development rights. | April 2006 |
| 625 Broadway, NY MAP | 88,000 sf mixed-use building | 37 | Beck Street Capital | Marcia Rose Yawitz, Eastern Consolidated | Tri-Realty Corp., Forgson Equities, and Madison Realty | E. Anton, R. Solarz, P. Nigido, Eastern Consolidated | Sold to Ohio-based buyer. Currently… Sold to Ohio-based buyer. Currently tenanted by office and retail users, zoning allows for future conversion to residential. | April 2006 |
| 602 Tenth Ave, NY MAP | Former 10,000 sf parking lot | 17 | Great Neck, Long Island development company | Marcia Rose Yawitz, Eastern Consolidated | B & L Management, Alfred Caiola | Aliza Avital, Eastern Consolidated | The property includes an additional… The property includes an additional 54,700 buildable square feet of available air rights from adjacent properties. Acquirer plans a nine-story, 58-unit luxury condominium for the site. | April 2006 |
| 241 West 19th St, NY MAP | 30,000 sf development site | 13 | Ginsburg Development Corp. | Mary Willison, Eastern Consolidated | n/a | R. Solarz, E. Anton, Eastern Consolidated | Site will be redeveloped into… Site will be redeveloped into a 12-story, 19-unit luxury residential condominium comprising approximately 38,000 square feet. | April 2006 |
| 51-02 21st St, Queens NY MAP | 135,000 sf of industrial space | 13 | Borden Industrial LLC | Allison Chambers, Kalmon Dolgin Affiliates | AMJ Realty | Allison Chambers, Kalmon Dolgin Affiliates | Sold for $102 per square… Sold for $102 per square foot. The property comprises a pair of multi-story industrial buildings totaling 133,500 square-feet. The acquirer is an entity of PDS Development Corp. and Hudson Realty Capital. | April 2006 |
| East 110th St, NY MAP | 74,000 square foot development site | 10 | Denali Property Group | Sylvester J. Sichenze, Esq. | Elmo Realty Co. | Stephen H. Finkelstein, Esq. | A record price of $145… A record price of $145 per square foot (approximately $10.3 million in aggregate) was brought in for what is believed to be the largest undeveloped parcel of land in East Harlem. | April 2006 |
| 529 West 53rd St, NY MAP | 50-foot-wide, 4-story warehouse | 9 | Manhattan developer | Christoffer Brodhead, Massey Knakal | n/a | Robert Sass, GVA Williams | The property sold for $330… The property sold for $330 per square foot, and was delivered vacant. The 28,000 square foot warehouse is 140 feet deep with a curbcut, providing access to the ground floor. | April 2006 |
| 1144 Pelham Parkway S, Bronx NY MAP | Seven-story, self-service elevatored apt. building | 8 | n/a | F. Chiarello, M. Alper, WRA Properties | n/a | n/a | The building comprises 63 apartments… The building comprises 63 apartments and one professional unit. It was built in 1959 and was under the same ownership for 35 years. The transaction occurred at a cap rate of approximately 5 percent and a gross rent multiple of 10.25. | April 2006 |
| 8 Rivington St, NY MAP | Six-story, 26-unit apartment building | 8 | n/a | Ronda Rogovin, Eastern Consolidated | The Paz Family | A. Miller, A. Avital, Eastern Consolidated | Includes two ground floor retail… Includes two ground floor retail stores including a restaurant. | April 2006 |
| 601 Tenth Ave, NY MAP | Five-story, elevatored apt. building | 6 | n/a | n/a | n/a | Christoffer Brodhead, Massey Knakal | The property sold for $330… The property sold for $330 per square foot, which represents a capitalization rate 3.71 percent and a gross rent multiple of 14.79. The property contains 20,315 square feet, including 26 apartments, and an additional 685 square feet of air rights. Of the units, 11 are free market and 15 are rent stabilized. | April 2006 |
