Jersey City commercial buildings for sale
Three contiguous commercial properties at 33 Journal Square and 912-920 and 922-924 Bergen Avenue in Jersey City are on the market with a combined asking price of $20 million. Located in the Journal Square neighborhood, the buildings include about 60,000 square feet of space and occupy an entire block front. National retail tenants such as Bally Total Fitness, 7-Eleven, Radio Shack and Popeyes lease space at the properties. David Schechtman, Paul Nigido and Gary Meese of Eastern Consolidated are handling the sale.
Brooklyn multifamily portfolio on the block
A package of six apartment buildings in Brooklyn — two in Williamsburg and four in Sunset Park — is for sale with an asking price of $19 million. The properties have a combined 121 residential units and four commercial units. The two Williamsburg buildings are located at 117-119 South 4th Street and 189-191 South 9th Street and consist of 61 apartments. The remaining four buildings, located in Sunset Park, include 4706-4712 Fourth Avenue and 881-887 Fifth Avenue, which are comprised of 32 apartments, and two adjoining buildings at 881-887 Fifth Avenue, which have 28 apartments. Massey Knakal’s Mark Lively is marketing the portfolio.
Coney Island development site on the market
A 71,139-square-foot parcel at 2957 Shell Road in Coney Island is on the market with an asking price of $17.5 million. The property, which has frontage on three streets — Shell Road, Neptune Avenue and West 6th Street — is located in the Ocean Parkway Special District and is zoned for a variety of uses, including residential, commercial and community facilities. The site’s total buildable square footage ranges from 173,000 for as-of-right residential to more than 300,000 for community facilities. Ben Weiss and Kelly Lin of Besen & Associates are handling the sale.
UES commercial townhouse for sale
A five-story townhouse at 16 East 65th Street is on the market with an asking price of $16 million. The 6,805-square-foot property, located between Fifth and Madison avenues, was recently renovated for medical and office use. The building has private terraces on floors two and four and high-end finishes throughout. According to the listing, the property is ideal for use by a medical or office tenant, a gallery or an embassy, or for conversion to a single-family home. Guthrie Garvin of Massey Knakal is handling the assignment.
East Village apartment building on the block
A six-story, multifamily property at 619 East 5th Street is on the market with an asking price of $12.23 million. The 25,200-square-foot walk-up is located between Avenue B and Avenue C, and is adjacent to a playground and community garden. Among the 40 fully occupied residential units are 27 market-rate apartments and 13 rent-stabilized apartments. There are 16 studios, four one-bedrooms, 11 two-bedrooms, seven three-bedrooms and two three-bedroom duplexes. Michael DeCheser and Darragh Clarke of Massey Knakal are marketing the property.
Retail building near Columbia’s Manhattanville campus hits market
A free-standing retail building near Columbia University’s developing Manhattanville campus is on the market for $11million, according to Eastern Consolidated, the exclusive listing agent for the property. The 18,200-square-foot rectangular building at 701 West 135th Street yields more than $400,000 in annual income from current leases, according to the listing, with one retail suite still vacant. The two in-place leases also each contain terms to provide for vacant delivery by summer 2012. Eastern Consolidated’s Marion Jones and David Schechtman are handling the sale.