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Black Spruce Management

276 Fifth Avenue, Suite 401
New York, NY 10001
(212) 725-9202
Website
[email protected]
  • Event Sales
  • Address 204 West 113rd Street
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Price $ 76,250,000
notes
The buyer bought the Central Harlem portfolio for $76.25 million.
  • Event Sales
  • Address 1892 Arthur Avenue
  • Neighborhood Tremont
  • Borough Bronx
  • Price $ 75,000,000
notes
The buyer acquired the Tremont portfolio for $75 million.
  • Event Financing
  • Address 185 Hester Street
  • Neighborhood Little Italy
  • Borough Manhattan
  • Square feet 34,900
  • Price $ 12,100,000
notes
The buyer secured an acquisition loan of $12.1 million for the Little Italy portfolio.
  • Event Sales
  • Address 185 Hester Street
  • Neighborhood Little Italy
  • Borough Manhattan
  • Square feet 34,900
  • Price $ 18,300,000
notes
The buyer purchased the Little Italy portfolio for $18.3 million.
  • Event Financing
  • Address 341 West 19th Street, 348 West 21st Street, 310, 431, 454, 456 West 22nd Street, 326, 416-418, 466 West 23rd Street, 307, 309, 313 West 29th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 75,000,000
  • Publication Date 10/01/2017
  • Event Date 08/23/2017
  • Party 1 Black Spruce Management
  • Party 2 Cantor Commercial Real Estate
notes
The real estate investment firm secured $75 million to refinance this portfolio.
  • Event Sales
  • Address 196-11 Jamaica Avenue
  • Neighborhood Hollis
  • Borough Queens
  • Square feet 45,000
  • Price $ 15,275,000
  • Price per foot $ 339.44
notes
The 8 buildings with 100 residential units and 37 parking spots combined sold for $15.275 million in Hollis, Queens
  • Event Sales
  • Address 2320 West 12th Street
  • Neighborhood Gravesend
  • Borough Brooklyn
  • Price $ 17,000,000
notes
The Section 8 portfolio sold for $17 million in a deal that includes 2322-2336 West 12th Street and 2315-2321 West 13th Street.
  • Event Financing
  • Address 308 West 49th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 136,000
  • Price $ 74,900,000
notes
The company secured a $74.9 million acquisition loan which included 340 West 49th Street.
  • Event Sales
  • Address 180 East 93rd Street
  • Neighborhood Brownsville
  • Borough Brooklyn
  • Square feet 300,000
  • Price $ 60,000,000
  • Price per foot $ 200.00
notes
The portfolio sold for $60 million and includes 86-290 East 91st Street, 185 East 92nd Street, 972 Leggett Avenue and 60-68 West 162nd Street.
  • Event Sales
  • Address 308 West 49th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 136,000
  • Price $ 110,000,000
  • Price per foot $ 808.82
notes
The portfolio sold for $110 million which included 340 West 49th Street.
  • Event Sales
  • Address 1967-1971 Marmion Avenue
  • Neighborhood West Farms
  • Borough Bronx
  • Square feet 265,400
  • Price $ 44,500,000
  • Price per foot $ 167.67
notes
The portfolio sold for $44.5 million which includes 265-269 East 194th Street, 2391-2401 Davidson Avenue, 709-715 Fairmount Place, 1967-1971 Marmion Avenue and 51 Buchanan Place.
  • Event Sales
  • Address 1151 Sheridan Avenue
  • Neighborhood Concourse
  • Borough Bronx
  • Square feet 202,418
  • Price $ 34,700,000
  • Price per foot $ 171.43
notes
The rent-regulated multi-family building sold for $34.7 million.
  • Event Sales
  • Address 213 West 238th Street
  • Neighborhood Kingsbridge
  • Borough Bronx
  • Square feet 106,000
  • Price $ 19,300,000
  • Price per foot $ 182.08
notes
The two five and six-story buildings sold for $19.3 million. Includes 3800 Bailey Avenue.
  • Event Office Leasing
  • Address 276 Fifth Avenue
  • Neighborhood NoMad
  • Borough Manhattan
  • Square feet 3,254
  • Event Sales
  • Address 213-217 West 238th Street
  • Neighborhood Kingsbridge
  • Borough Bronx
  • Price $ 19,300,000
notes
The properties sold for $19.3 million. Includes 3800-3806 Bailey Avenue. Additional information: two buildings, 122 total residential units
  • Event Sales
  • Address 1899 Belmont Avenue
  • Neighborhood East Tremont
  • Borough Bronx
  • Price $ 51,500,000
notes
The 11-building package sold for $51.5 million. Includes 1898-1910 Belmont Avenue, 1892-1894 Arthur Avenue, 2082 Crotona Parkway, 2083, 2088-2090 Mohegan Avenue, 2095 Honeywell Avenue and 876 East 180th Street. Additional information: 11 buildings, 345 residential units, two retail units
  • Event Sales
  • Address 520 East 21st Street
  • Neighborhood Ditmas Park
  • Borough Brooklyn
  • Square feet 103,000
  • Price $ 26,500,000
  • Price per foot $ 257.28
Manhattan, 10011
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Brooklyn, 11205
SPENCER REALTY DEVELOPERS, LLC
The sponsor(s) filed plans on 01/15/08 for a condo project at 175 Spencer...

12/28/2015
2.) Black Spruce Management collaborated with New York City’s Housing Partnership to take ownership of a 99-unit rental building at 196-03 Jamaica Avenue in Queens for $12.1 million...

12/21/2015
4.) Joshua Gotlib’s Black Spruce Management purchased a colorful Clinton Hill rental building for $16.4 million, or roughly $468,000 per unit...