Park Slope mixed-use property marks lone mid-market transaction this week

A United Elite Group-linked LLC paid $13M for the property

TRD NEW YORK /
Feb.February 24, 2020 08:00 AM
69-75 Fourth Avenue (Credit: Google Maps)

69-75 Fourth Avenue (Credit: Google Maps)

There was just one deal made public in New York’s mid-market investment sales this week. Here are the details:

An LLC linked to United Elite Group purchased a four-story mixed-use property in Park Slope for $13 million. The seller was Fourth New York Realty Co., which is based in Summit, N.J. The property is located at 69-75 Fourth Avenue, and the four adjacent lots span 6,190 square feet with 16 residential units overall.


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

42-46 2nd Avenue (Credit: Google Maps)

LA real estate firm buys shuttered church site for $40M

Commercial real estate investment could take a hit as investors pull back amid market volatility. (Credit: iStock)

How will coronavirus affect global CRE deal volume?

1115 Broadway, RXR Realty's Scott Rechler, 2413 Third Avenue and 9 Bruckner Boulevard in the Bronx (Credit: Getty Images; Google Maps)

Flatiron office building leads New York’s mid-market investment sales

Clockwise from left: The Chrysler Building, The Putnam Portfolio, CBRE's Darcy Stacom, JLL's Andrew Scandalios, The Coca-Cola Building and Cushman & Wakefield's Doug Harmon

A tight hustle: TRD’s annual tally of the city’s biggest investment sales firms

150-152 East 79th Street (Credit: Google Maps)

HFZ assemblage play leads New York’s mid-market investment sales

Blackstone's Jonathan Gray, Gaedeke Group's Sabine Gaedeke Stener and 44 Wall Street (Credit: Stener by Gaedeke Group; Gray by Drew Angerer/Getty Images, 44 Wall Street via Google Maps)

Blackstone sells office tower at 44 Wall Street for $200M

Clockwise from top left: 136-18 Maple Avenue in Flushing, 109 Avenue A and 47-49 West 39th Street (Credit: Google Maps)

Flushing vacant lot leads New York’s mid-market investment sales

arrow_forward_ios
Loading...