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

Neil Bender buys a West Village townhouse for $13M; Silvershore picks up a Ridgewood building for $10.6M

TRD New York /
Nov.November 30, 2015 03:55 PM

1.) Neil Bender’s William Gottlieb Real Estate Is Expanding Its Presence Along Perry Street in the West Village. The real estate heir paid $13 million for a three-story townhouse at 164 Perry Street, between Washington and West streets. Property records show Bender also owns the four adjacent buildings spanning 156-162 Perry Street, which Bill Gottlieb acquired more than 40 years ago. The mix of low-rise commercial and residential buildings have a combined 18,000 square feet of space. Hunter Gray is the seller.

2.) Silvershore Properties scooped up a 44-unit mixed-use building at 1708 Summerfield Street in the Ridgewood neighborhood of Queens for $10.6 million. The four-story building, which sits on the corner of Cyprus Avenue, includes 39 rent-stabilized apartments and five retail tenants. Delwar Hussain of Cypress Realty LLC acquired the 35,000-square-foot building in 1986.

3.) A pair of rental buildings at 117 West 15th Street and 119 West 15th Street in Chelsea sold for $12.4 million and $14.6 million, respectively. Houston, Texas-based Winther Investments acquired both buildings from Skyland Management. The properties are a mix of five- and six-story buildings with a combined 41 residential units and one commercial unit across 25,330 square feet.

(Source: ACRIS data for closed sales between Nov. 23-29, and Reonomy data) 


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