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

Urban American picks up Wash. Heights rentals; Chase sells three resi buildings

48 Allen Street, Josh Siegel of Starrett and 175 West 95th Street
48 Allen Street, Josh Siegel of Starrett and 175 West 95th Street

In the world of mid-market New York City investment sales last week, a film production company bought a $16 million warehouse in Greenpoint and Premier Equities struck again with a $13 million Upper West Side purchase.

1) Andres Hogg’s Hogg Holdings picked up a six-story, 12,438-square-foot church at 49 Orchard Street on the Lower East Side for $11.4 million. The seller, the Chinese Christian Herald Crusades, was looking to sell it for $15 million in 2013.

2) Premier Equities [TRDataCustom] bought a commercial condominium unit at Starrett Corporation’s 28-story mixed-use building at 175 West 95th Street for $13 million. Starrett converted the 148-unit rental building to condos in 2013. The is Premier’s latest acquisition after the firm recently made deals for three NoMad buildings and a retail condo on the Lower East Side for a total of $26 million.

3) An 84-unit rental building at 515 West 168th Street in Washington Heights sold for $18.2 million. Castellan Real Estate Partners sold the six-story, 40,185-square-foot-building to Urban American Management.

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4) In the Bronx, Joel Gluck sold a 11-story, 129-unit building at 1340 Stratford Avenue to the nonprofit Settlement Housing Fund for $14.2 million.

5) Film Production Company Broadway Stages spent $16 million on an 89,300-square-foot warehouse in Greenpoint. The company bought the two-story structure at 306 North Henry Street from Exxon Mobil. Broadway owns several locations throughout Brooklyn and Queens for film shoots, including a 46,080-square-foot industrial site at 37-50 50th Street in Queens’ Sunnyside neighborhood.

6) JPMorgan Chase sold off three residential buildings in Manhattan to Natural Habitat Realty for a total of $17.4 million. The properties include two in Murray Hill, a 12-unit building at 121 East 37th Street and an 11-unit building at 151 East 38th Street, and a third eight-unit building at 148 West 15th Street near the West Village.

(Source: ACRIS data for closed sales between Dec. 12-16, and Reonomy data)