Bronx development site for sale
A 133,700-square-foot development site at 101 Lincoln Avenue in the Mott Haven section of the Bronx is on the market for $40.5 million. The property is located on the northwest side of Lincoln Avenue, west of East 132nd Street, and southeast of the Harlem River and Third Avenue Bridge. The current zoning allows for approximately 804,874 square feet of residential development, 668,500 square feet of commercial development or 869,050 square feet for a community facility. Thomas Donovan and David Simone of Massey Knakal are handling the sale.
Bowery parcels on the market
An eight-parcel lot at the corner of Prince Street and the Bowery is being offered for sale for $40 million. The two-story industrial properties at 5 Prince Street and 232-244 Bowery have 99 feet of frontage on Prince Street and 126 feet of frontage on the Bowery. The 11,119-square-foot property includes seven storefronts on the Bowery and one on Prince Street, and has about 67,000 square feet of buildable space. Twenty-three thousand square feet of that offers air rights. The buildings are owned by the Bari family. Robert Burton and Nancy Guo of Massey Knakal are handling the sale.
Midtown East commercial suites for sale
A package of 33 commercial suites with 80,864 rentable square feet in Midtown East is being sold for $39 million. The commercial/medical units at 345 East 37th Street have average annual rents of around $47 per square foot. Amenities include two elevators from the lobby to the second and third floors. Robert Knakal, John Ciraulo, Jonathan Hageman and Matthew Parvin of Massey Knakal are handling the assignment.
Upper Manhattan portfolio asking $25M
Six Inwood apartment buildings with a total of 235 units are being marketed as a package for $25 million. The properties are also available separately. The portfolio includes three six-story buildings with 63 apartments: 29-33 Arden Street, with an asking price of $6.45 million; 611 Academy Street, a five-story building with 47 apartments with an asking price of $5.1 million; 152 Sherman Avenue, a five-story building with 41 apartments asking $4.25 million; and 515 West 168th Street, a six-story building with 84 apartments on the market for $9.2 million. Amit Doshi and Matthew Slonim of Besen & Associates are marketing the properties.
Midtown commercial building for sale
The Rose Building, a 14-story commercial building at 345 West 35th Street, is on the market for $24.5 million. Located near Penn Station, between Eighth and Ninth avenues, the 105,000-square-foot property has 83 feet of frontage. The building is currently vacant and is being marketed for hotel, office or mixed uses. Laurence Ross of Onyx Real Estate Advisors is handling the sale.
Soho loft property asking $20M
A five-story loft building at 523 Broadway is on the market for $20.5 million. The landmarked property has more than 24 feet of frontage, and is located between Spring and Broome streets. The building includes four live-work lofts and has additional air rights, pending approval by the city’s Landmarks Preservation Commission. The property’s ground floor, basement and sub-basement are occupied by a Foot Locker store. Robert Burton, Nancy Guo and James Nelson of Massey Knakal are handling the assignment.
Two UWS townhouses on the market
Two partially connected townhouses at 12-14 West 68th Street are being marketed for $18 million. The property is a 55-foot-wide gated compound near Central Park that is currently operating as rental housing. Features include a terraced front garden, cobblestone fountain, 16-foot ceilings and a mansard roof with dormer windows. The 14 West 68th Street property was built in 1895; the second building was added eight years later. Paul Smadbeck, Hall Oster and Paul Trupia of Massey Knakal are handling the sale.
Downtown development site for sale
A 36,746-square-foot development site at 84-86 White Street is on the market for $12.5 million. The property is located on the north side of White Street between Broadway and Lafayette Street, and is bound by Soho, Tribeca and City Hall. The parcel is currently occupied by a parking lot but has been rezoned to a C6-2A designation to allow for residential development. Options for development include a condo, boutique hotel or commercial property. The site will be delivered vacant. Brian Ezratty and Scott Ellard of Eastern Consolidated are handling the assignment.
Compiled by Roland Li