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Gowanus trade biggest of six mid-market investment sales this week

Other purchases were in the Village, UES, Soho

Clockwise from top left: 37 Perry Street, 595 Broadway, 1424-1428 Lexington Avenue, 204 Fourth Avenue and 93 North Ninth Street (Credit: Google Maps)
Clockwise from top left: 37 Perry Street, 595 Broadway, 1424-1428 Lexington Avenue, 204 Fourth Avenue and 93 North Ninth Street (Credit: Google Maps)

Six mid-market investment sales in New York City were made public this week. The most notable was a nearly $30 million deal in Gowanus, with Avery Hall Investments buying 204 Fourth Avenue ahead of an anticipated neighborhood rezoning. Here are the details.

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  1. Avery Hall Investments bought 204 Fourth Avenue in Gowanus from gas station chain Speedway for $29.75 million. Avery Hall is partnering with Gindi Capital at the site. They plan to build a 17-story building with between 150 and 200 units.
  2. An LLC purchased 37 Perry Street in Greenwich Village for $19.25 million. The four-story building contains four residential units that have rented for between $5,200 and $6,400 per month, according to StreetEasy. The seller was Perry and Sailor LLC.
  3. Ashkenazy Acquisition Corp. sold 1424-1428 Lexington Avenue on the Upper East Side to an LLC for $18 million. The five-story building contains nine units, which have rented recently for $3,850 to $6,800 per month, according to StreetEasy.
  4. Thor Equities sold 93 North Ninth Street in Williamsburg to an LLC linked to Brian Donnelly for $17 million. The one-story retail building spans 12,000 square feet.
  5. An LLC purchased 595 Broadway in Soho for $16.2 million from Seth Hauser. The mixed-use building has five stories and 30,000 square feet with eight residential units.
  6. Joseph Riegler bought 333-335 Irving Avenue in Bushwick for $11.5 million from 6 Fishes LLC. The commercial sites have a combine 19,950 square feet.
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Investment SalesReal Estate Investment