Here’s what the $10M-$20M NYC investment sales market looked like last week

Treeline expands presence at DoBro office

TRD New York /
May.May 13, 2015 10:30 AM

1.) The Roe Corporation paid $16 million for a majority stake in an Upper West Side commercial building at 468-470 Columbus Avenue and retained an existing partner in the property, valuing the entire deal and the property at $24 million. The three-story building, between West 82nd and 83rd Streets, has 16,000 square feet of retail space, with an additional 1,500 square feet of outdoor retail space. Rudd Realty acquired the property for $7.1 million in 2004.

2.) Treeline Companies is expanding its presence at 195 Montague Street, acquiring two commercial units in the building for $12 million. The units have a combined 22,700 square feet of space in the 14-story office building which spans 221,000 square feet. Treeline purchased the top four floors of the building in December for $30 million and also owns nearby properties at 188 And 189 Montague Street.

3.) Sabet Group paid $10.5 million for a West Village apartment building at 113 Christopher Street. The five-story building, bordered by Hudson and Bleecker streets, has 16 apartments and three retail units totaling 9,300 square feet. The seller, Sky Management, paid $5.1 million for the property in 2005.

(Source: ACRIS data for closed sales between May 4-10, and Reonomy data)


Related Articles

arrow_forward_ios
Clockwise from top left: 162 West 13th Street, 325 Avenue Y in Brooklyn, 1281 Viele Avenue in the Bronx (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

Clockwise from left: 2 East 55th Street, 25-25 Borden Avenue and 91 Ludlow Street (Credit: Google Maps)

Here’s what the $10M-$30M investment sales market looked like last week

1890 Lexington Avenue and 22 St. Marks Place (Credit: Google Maps)

Here’s what last week’s $10M-$30M investment sales market looked like

2018 Avenue U and 252 Newport Street in Brooklyn (Credit: Google Maps)

Here’s what the week’s $10M-$30M investment sales market looked like

In the third quarter of 2019, nine sales totaling $587 million closed in the central business district (Credit: iStock)

Chicago’s ice-cold office market is finally heating up. But don’t get too excited

From left: 254 Water Street, 45-01 Northern Boulevard and 34-08 46th Street (Credit: Google Maps)

Here’s what the $10M-$30M investment sales market looked like last week

From left: 305 East 47th Street and 286 River Avenue (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

Clockwise from top left: 2-34 Beach 102nd Street in Far Rockaway, 175 Canal Street West in Mott Haven, 102 Fulton Street, and 71 Smith Street in Boerum Hill (Credit: Google Maps and StreetEasy)

Here’s what the $10M-$30M NYC investment sales market looked like last week

arrow_forward_ios