Tribeca warehouse hits the market
A development property in Tribeca at 71 Laight Street is on the market for $65 million. The property consists of a five-story, 58,500-square-foot warehouse at 401 Washington Street and a one-story garage at 422 Greenwich Street, for a total of 108,500 square feet. Both buildings will be delivered vacant. Plans have been approved for a 36-unit residential project with retail and parking space. Peter Hauspurg, Alan Miller, Inbal Himelblau and Eric Weinberg of Eastern Consolidated are handling the sale.
246-252 Mott Street
Mixed-use property for sale in Little Italy
Four adjacent, 25-foot-wide buildings are on the market at 246-252 Mott Street in the Little Italy Historic District, with an asking price of $40 million. The six-story-plus-basement, mixed-use apartment buildings have a combined 40,788 square feet. The walk-up properties include eight commercial units and 73 apartments, nine of which are rent stabilized and four of which are rent controlled. The remaining 60 units are all market rate. The buildings are between Prince and Houston streets. John Ciraulo, Craig Waggner, Robert Burton and Clyde McGraw of Massey Knakal Realty Services have the listing.
UWS prewar condo building for sale
A 45-unit condominium package is for sale at 215 West 88th Street for $30 million. The 12-story Upper West Side elevator building, known as the Merrion, has a total of 95 residential units and three retail spaces. The 69,105-square-foot property was built in 1915. The 45 rent-regulated units can be converted into condominiums. The package is being marketed by Eastern Consolidated’s Ronald Solarz, Eric Michael Anton and Eric Weinberg.
Mixed-use properties on the market in the East Village
Three adjacent, 24-foot-wide buildings at 40-44 Avenue B are on the market in the East Village, with a listing price of $21 million. The properties are five-story-plus-basement, mixed-use apartment buildings with a total of 23,697 square feet. There are four commercial units and 36 apartments, including one rent-stabilized unit and two rent-controlled units. The remaining 33 units are market rate. According to the listing, the walk-up properties between East 3rd and 4th streets have a solid tenant base and vacancies are rare. Massey Knakal Realty Services’ John Ciraulo and Craig Waggner are marketing the buildings.
Murray Hill mixed-used building on the block
An 18,600-square-foot, mixed-use building is on the market at 62-64 East 34th Street, with an asking price of $18 million. The five-story-plus-penthouse elevator property is located on the south side of 34th Street, between Park and Madison avenues. The building is comprised of two retail stores, a floor-through commercial unit on the second floor and 13 apartments above, including four rent-stabilized units and nine market-rate units. The property can be developed for residential or commercial use. John Ciraulo and Michael Azarian of Massey Knakal Realty Services have the listing.
Compiled by Yaffi Spodek