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

Lenox Hill development site sells for $12 million; Greenpoint warehouse trades for $10.5 million

TRD New York /
Jul.July 28, 2015 02:40 PM

1.) Guido Subotovsky’s Azimuth Development Group closed on deal to buy a Leonx Hill development site for $12 million. The property is located at 321 East 60th Street, between First and Second avenues. Permits were filed in March for a new eight-story, 28-unit building after the seller, Midtown-based Minuit Partners, received a variance to change the use of the site to residential. Records show Subotovsky bought the property jointly with the Housing Partnership.

2.) Ofer Joe Levy sold an industrial warehouse in Greenpoint for $10.5 million, just a few months after acquiring the plot for $4.5 million. In fact, it’s the third time that 83 Apollo Street has changed hands this year. A buyer using the entity “CRMX-211 LLC” made the most recent purchase. The single-story building is situated between Nassau and Norman avenues and has 47,000 buildable square feet.

(Source: ACRIS data for closed sales between July 20-26, 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

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

New York City investment sales in July 2019

145-65 Wolcott Street in Brooklyn, 3428 Park Avenue in the Bronx and 20 East 35th Street (Credit: Google Maps)

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

Clockwise from top left: 3860 Nostrand Avenue in Brooklyn, 50 Manhattan Avenue and 250 and 254 West 23rd Street (Credit: Google Maps)

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

From left: 2785 Broadway, 521 Bergen Avenue in the Bronx, and 1685 First Avenue (Credit: Google Maps)

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

Clockwise from top left: 237-24` East 62nd Street, 957 Woodycrest Avenue, 210 Clarkson Avenue, 950 Woodycrest Avenue (Credit: Google Maps)

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

arrow_forward_ios