Scorecard: Queens and Bronx I-sales are posting solid springs

A monthly roundup of data and reports on the commercial market

TRD New York /
Jun.June 13, 2017 03:05 PM

From the June issue:
Queens investment sales soared to $437 million in April, a more than 115 percent increase from the month prior, an analysis of NYC Department of Finance data showed.

The priciest deal was insurer Fidelis Care’s $139.9 million Queens Boulevard office building buy from the LeFrak Organization.
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In the Bronx, buyers spent $226.6 million — the most in the last year, and nearly 55 percent above the 12-month average of $146 million.

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Deal flow in the borough was characterized by small-ticket transactions, the biggest of which was a $11.2 million buy of a 20,000-square-foot Throggs Neck industrial building.

(To view commercial sales completed in Queens or the Bronx in 2017, click here)


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