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

An antiques company sells long-held townhouse, a Greenwich Village multifamily building goes for $20M

New York /
May.May 29, 2019 08:00 AM
From left: 106 West 13th Street, Genghis Hadi of Nahla Capital, and 24 East 84th Street

From left: 106 West 13th Street, Genghis Hadi of Nahla Capital, and 24 East 84th Street (Credit: Google Maps and Common Ground)

A six-story apartment building in Greenwich Village trades for about $20 million and a commercial townhouse in the Upper East Side — long occupied by a single user — went for $10 million.

1.) An entity managed by Abraham Sanieoff bought an apartment building at 106 West 13th Street for $19.5 million. The roughly 16,900-square-foot Greenwich Village building stands six stories tall and has 30 rental units. The deal prices out to $650,000 per rentable apartment. There were several sellers, most connected to Vanderbilt Realty and a trust tied to Jared Pinchasick. First Republic Bank provided $8.5 million in financing for the deal.

2.) Antique store Bernard & S. Dean Levy, Inc. sold its long-held five-story retail building at 24 East 84th Street for $10 million. An entity tied to Genghis Hadi of Nahla Capital was the buyer of the Upper East Side property. The same LLC recently bought a retail property around the corner at 1122 Madison Avenue, earlier this month for $22.5 million from Thor Equities and Premier Equities. Deutsche Bank provided $18 million in financing for both properties. Douglas Elliman’s George Vanderploeg, Steffen Kral and Thomas Ennis had the listing for the 84th Street property.


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
Hudson’s Bay Company restructures $846M CMBS loan
Hudson’s Bay Company restructures $846M CMBS loan
Hudson’s Bay Company restructures $846M CMBS loan
Two of the eleven properties under threat of foreclosure (Google Maps)
Mack Real Estate may “strip” club owner of properties
Mack Real Estate may “strip” club owner of properties
270 W Montauk Hwy, Hampton Bays, NY (Loopnet)
Legendary Hampton Bays bar up for sale
Legendary Hampton Bays bar up for sale
Senator Chuck Schumer and 70 Prospect Park West (Google Maps, Getty)
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Prologis Chairman and CEO Hamid Moghadam (Getty, Prologis)
Industrial space “effectively sold out” amid leasing frenzy, Prologis says
Industrial space “effectively sold out” amid leasing frenzy, Prologis says
Starwood raises $10B for distressed real estate plays
Starwood raises $10B for distressed real estate plays
Starwood raises $10B for distressed real estate plays
Aulder Capital CEO Jonah Bamberger and 162-164 East 82nd Street (Rosewood Realty Group, Slate Property Group)
Two Upper East Side apartment buildings head to foreclosure sale
Two Upper East Side apartment buildings head to foreclosure sale
arrow_forward_ios

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

Loading...