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

Vision Enterprises buys in Bayside, St. Mark's property changes hands

New York /
May.May 21, 2018 02:00 PM

24 St. Mark’s Place

1.) Cheskie Weisz’s CW Realty bought a development site in Bushwick for $11.5 million. The properties, located at 333-335 Irving Avenue near the Myrtle-Wyckoff subway station, are composed of a 12,500-square-foot-warehouse and a vacant lot. The seller is metal products manufacturer Standard Tinsmith & Roofer Supply Corporation. Cushman & Wakefield’s DJ Johnston represented the seller.

2.) Vision Enterprises bought 34-43 and 34-57 Francis Lewis Boulevard, two buildings with a total of 38,200 square feet in Queens’ Bayside neighborhood for $12.8 million. The 34-43 Francis Lewis Boulevard property contains 21 free-market apartments and a ground-floor retail space occupied by discount store Dollar Tree. The latter building, meanwhile, is a two-story structure with three retail tenants and two offices. The seller is investor Darshan Bagga, who has owned the properties since the mid-1990s. Highcap Group’s Josh Goldflam and Charles Chang brokered the deal.

3.) Investor Laurence Beame sold 24 St. Mark’s Place, a six-story mixed-use building in the East Village, for $12.9 million. The property contains 16 apartments and a ground-floor retail space occupied by Caffe Bene. The buyer is Allied XVII LLC, which was represented by lawyer Michael Papagianopoulos.

4.) New Jersey assisted living facility operator CareOne bought a three-story mixed-use building in Hudson Yards for $11.5 million. The property, at 407 Eighth Avenue, contains four apartments and a retail space occupied by Tempest Bar. The sellers are Michael Besen and the Sidney Rubell Company.

5.) Graham and Gregory Jones’ GRJ, LLC sold an apartment building in the Flatiron District for $17 million. The property, at 41 West 24th Street, is an eight-story building with 12 apartments and one commercial unit. The buyer is 41 W 24th Partners LLC, which is controlled by Christopher Wang.


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
Here’s what the $10M-$30M NYC investment sales market looked like last week
Steve Witkoff and Ian Schrager in front of the iconic PUBLIC hotel escalators. (PUBLIC, Getty)
EB-5 fund alleges Schrager, Witkoff siphoned money from Public Hotel
EB-5 fund alleges Schrager, Witkoff siphoned money from Public Hotel
Best Buy has closed about 20 of its big-box stores in each of the past two years (iStock)
Best Buy lays off 5,000 staffers, increases store closures
Best Buy lays off 5,000 staffers, increases store closures
Ryan Serhant and Gary Barnett on Development Slowdown in Pandemic
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Coffee Talk: Extell’s Gary Barnett and Ryan Serhant
Cushman & Wakefield CEO Brett White
Cushman reports 10% drop in revenue in 2020
Cushman reports 10% drop in revenue in 2020
Central Queens Academy's Ashish Kapadia and United's Chris Jiashu Xu with a rendering of 88-08 Justice Avenue (Linkedin, iStock)
Charter school takes 85K sf in Queens condo building
Charter school takes 85K sf in Queens condo building
(IStock illustration by Kevin Rebong)
Smaller cities look to cash in on shift to remote work
Smaller cities look to cash in on shift to remote work
421-427 East 14th Street (Google Maps, iStock)
Stuy Town to get new 17K sf grocery store
Stuy Town to get new 17K sf grocery store
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...