Midtown office tower on the block
Jamestown is selling the 45-story, 1.95-million-square-foot office tower at 1211 Sixth Avenue. Douglas Harmon and Adam Spies of Eastdil Secured were set to begin marketing the property in late May. There is no set asking price, but Jamestown acquired the building in April 2000 for approximately $590 million, GlobeSt.com reported.
West Side full-block site on the market
The Related Companies and its CalPERS partner are selling 450 West 42nd Street, which is expected to fetch between $300 and $400 million, according to the New York Post. The 68,000-square-foot full-block parcel can be built to 1.1 million square feet and includes preliminary plans for a 60-story residential tower. Vin Carrega of Grubb & Ellis is marketing the property.
Ownership interest for sale in Red Hook warehouses
Real estate investor Bruce Batkin is seeking a joint venture partner to recapitalize two six-story, 480-foot by 80-foot warehouses across from the new cruise ship terminal in Red Hook. Batkin is planning to convert one of the buildings into 150 luxury condominiums and the other into a hotel. Eastern Consolidated’s Peter Hauspurg is marketing an ownership interest in the vacant warehouses, which are estimated to be worth approximately $94 million, Real Estate Weekly reported.
Two Upper West Side rental buildings for sale
Mann Realty is marketing the buildings at 10 West 74th Street and 150 West 82nd Street for $88 million, according to the New York Sun. The properties total 139 units.
Brooklyn site on the market for $77M
A 410,000-square-foot site with frontage on Gold, Prince, Tillary and Concord streets is on the market for $77 million, the Post reported. David Junik of Greiner-Maltz is marketing the site, which comes with approvals for seven residential buildings.
Midtown building on the block
The 100,000-square-foot building at 24 West 57th Street is on the market and is expected to fetch $75 million, the Post reported. The Sitt family paid approximately $40 million for the building two years ago. Cushman & Wakefield is marketing the property.
Lower Manhattan development site asking $72M
A development site at 80-84 Nassau Street that can be built to 263,000 square feet is asking $72 million — just under $275 per buildable square foot. The property presents the opportunity to build a 52-story luxury residential building with retail and commercial components. James Nelson and Peter DeCheser of Massey Knakal and Hy Schermer and Michael Greenburger of Time Equities are the exclusive agents.
Deal close for River Terrace commercial space
C & K Properties is close to selling the 61,000 square feet of office space at the base of River Terrace, according to published reports. The space is fully leased to medical tenants and could fetch $70 million. It might be sold as a package with the building’s 35,000-squarefoot garage. Macklowe Properties bought the 410-unit rental building last year and plans to begin converting it into condos this summer.
United Nations Plaza building could fetch $50M
Samson Management is seeking a price of about $50 million for 865 UN Plaza, the Sun reported. The building has 81 residential units, of which 54 are free-market, and three retail stores.
Lenox Hill Hospital selling Upper East Side brownstones
Lenox Hill Hospital is selling six contiguous vacant brownstones at 110-120 East 76th Street, the Post reported. The buildings total 23,000 square feet with another 19,000 square feet of development rights for residential use or 30,000 square feet for community facility use. They could be combined into three extra-wide homes, or redeveloped into a single condo building. The Landmarks Preservation Commission previously approved plans for the preservation and expansion of the properties into a 53,000-squarefoot medical facility. CB Richard Ellis is marketing the properties, which could bring in $30 million.
Upper East Side mansion on the market for $23M
Two connected buildings at 4-8 East 94th Street are on the market for $23 million. One of the buildings can be converted back into a single-family home; the other building, or the whole property, can be converted into luxury condos. Paul Massey and Cory Rosenthal of Massey Knakal and George van der Ploeg and Dean Heitler of Prudential Douglas Elliman are the exclusive sales agents.
East Village development site on the market
A 44,844-square-foot condominium development site at 311 East 11th Street is on the market for $18 million. Jack Botero and David Vogel of Marcus & Millichap are representing the seller.
1140 Sixth Avenue for sale
SL Green is selling the 21-story, 181,000-square-foot class B building at 1140 Sixth Avenue. Darcy Stacom and Bill Shanahan of CB Richard Ellis are marketing the property.
East Side development opportunity on the block
The two contiguous buildings at 206 and 210 East 52nd Street are on the market through ABS Partners Real Estate. The 60-foot by 100-foot site under them can support 80,000 square feet of development.
Harlem development opportunity for sale
The five-story, 45,141-square-foot building at 2269-75 First Avenue is on the market through Shimon Shkury of Massey Knakal. Zoning allows for approximately 65,598 buildable square feet, while the existing building can be converted into condominium lofts.
Hudson Square conversion building on the block
A condominium conversion building site is for sale at 108 Charlton Street. Gia Wang is the exclusive broker.
West Broadway conversion opportunity on the market
Jeffrey Sutton and SL Green are marketing the upper floors of 379 West Broadway, the home of Ralph Lauren across from Cipriani, to a converter, the Post reported.