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

Icon Realty buys 34 apartments from Brodsky

New York /
Dec.December 07, 2016 06:45 PM

1.) Chaim Simkowitz’s Guardian Realty Management bought a four-story, 54-unit multifamily building in Flatbush for $16.3 million from Jonas Equities. The 52,900-square-foot rent-stabilized building at 15 Crooke Avenue last sold in 2014 for $14.3 million.

2.) Icon Realty Management TRData LogoTINY bought a 34-unit multifamily building in the West Village for $15.7 million from Daniel Brodsky’s Brodsky Organization. The five-story 13,341-square-foot building at 24-26 Jane Street has 15 remaining rent-stabilized units. The Brooklyn-based firm also picked up one of Extell Development’s last remaining Ring portfolio buildings for $26.5 million this week.

3.) A vacant lot in Tribeca sold for $15.2 million. The 3,845-square-foot lot at 14 White Street, at the corner of 6th Avenue and White Street, has around 23,000 buildable square feet available for either commercial or residential use. The buyer was Miami Beach-based Cliff Stein and the seller was Debra Hamid.

4.) Bronx-based Bajraktari Realty sold a six-story multifamily building in Hamilton Heights for $14.5 million. The 41,520-square-foot at 530 West 136th Street building includes 37 residential and two retail units.

(Source: ACRIS data for closed sales between Nov. 28-Dec. 2, and Reonomy data)


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