Michael Tortorici | The Real Deal New York

The Real Deal New York

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Michael Tortorici

Executive VP - Sales Operations
Ariel Property Advisors
122 East 42nd Street, Suite 1015
New York, NY 10168
(212) 544-9500 x13
Website

03/06/19
...happen, but it will take some time,” said Michael Tortorici, executive vice president of investment sales at Ariel Property Advisors. “How quickly is anyone...

...happen, but it will take some time,” said Michael Tortorici, executive vice president of investment sales at Ariel Property Advisors. “How quickly is anyone...

02/22/19
...having Amazon there made people more bullish,” said Michael Tortorici, executive vice president of investment sales at Ariel Property Advisors. “Absorption will happen but...

02/01/19
...between $50 and $60 per buildable square foot, according to Michael Tortorici, executive vice president at Ariel Property Advisors. He said that returns are currently easier...

11/19/18
...every part of the city except Staten Island). Michael Tortorici, executive vice president at Ariel, said Queens has had a slow multifamily market for...

10/16/18
...between $50 and $60 per buildable square foot, according to Michael Tortorici, executive vice president at Ariel Property Advisors. He said that returns are currently easier...

09/26/18
...Ariel team led by Victor Sozio, Shimon Shkury, Michael Tortorici, Matthew Gillis and David Khukhashvili worked on the deal. Washington Heights has traditionally been...

08/01/18
...building, according to Ariel. Victor Sozio, Shimon Shkury, Michael Tortorici, Matthew Gillis and David Khukhashvili of Ariel will lead the foreclosure process, and Fort...

07/26/18
...Boulevard to Cape Advisors. Ariel executive vice president Michael Tortorici said Queens is expected to see a strong second half of the year as...

06/13/18
...uncertainty about tax policy and the economy, said Michael Tortorici, executive vice president of investment sales at Ariel. “A lot of it has to...

...uncertainty about tax policy and the economy, said Michael Tortorici, executive vice president of investment sales at Ariel. “A lot of it has to...

01/24/18
...between $50 and $60 per buildable square foot, according to Michael Tortorici, executive vice president at Ariel Property Advisors. He said that returns are currently easier...

01/11/18
...between $50 and $60 per buildable square foot, according to Michael Tortorici, executive vice president at Ariel Property Advisors. He said that returns are currently easier...

...between $50 and $60 per buildable square foot, according to Michael Tortorici, executive vice president at Ariel Property Advisors. He said that returns are currently easier...

10/06/17
...million Size: 2,868 square feet Built: 1915 Agents: Daniel Wechsler, Michael Tortorici and Jesse Greshin of Ariel Property Advisors 184-15 Hovenden Road Neighborhood: Jamaica Estates Price...

...extend to lenders, investment sales brokers and others. Michael Tortorici, executive vice president at the commercial brokerage Ariel Property Advisors, said the laws passed...

02/07/17
...It was a big year for big deals,” Michael Tortorici, executive vice president at Ariel Property Advisors, said in a statement. “This trend should...

01/27/16
...From left: 1622-1632 York Avenue and Michael Tortorici The longtime owner of six walk-up buildings on the Upper East Side has put...

10/14/14
...Michael Tortorici and a rendering of the QueensWay A High Line-esque development in Queens could transform...

09/10/14
...to the website. Ariel's Shimon Shkury, Victor Sozio Michael Tortorici and Josh Berkowitz are the exclusive agents. – Tom DiChristopher...

07/23/14
...From left: Michael Tortorici, Bushwick in Brooklyn and Jonathan Berman Brooklyn is booming. According to Ariel Property Advisors'...

07/15/14
...the same period in 2013, according to Ariel’s Michael Tortorici and the firm's president, Shimon Shkury. This year, the month of May saw a...

...though they would have to be purchased separately. Michael Tortorici, a broker with Ariel Property Advisors, which is listing the Taconic parcel, wouldn’t...

06/16/14
...month” for the outer boroughs, Ariel Property’s Michael Tortorici told The Real Deal. In April, 1,638 units were sold in the Bronx. That’s...

04/16/14
...site for $39 million. Victor Sozio, Shimon Shkury and Michael Tortorici of Ariel Property Advisors represented the seller, the East Harlem Abyssinian Triangle Limited Partnership...
Ariel Property Advisors, President
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x11
...
Ariel Property Advisors, Executive VP - Brokerage Services
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x12
...
Ariel Property Advisors, Executive VP - Operations
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x15
...
Ariel Property Advisors, Director Of Investment Research
122 East 42nd Street, Suite 1015, New York, NY, 212.544.9500 ext. 21
...
Ariel Property Advisors, Director Of Corporate Services
122 East 42nd Street, Suite 1015, New York, NY, 212.544.9500 ext. 47
...
Ariel Property Advisors, Vice President Of Capital Services
122 East 42nd Street, Suite 1015, New York, NY, 212.544.9500 ext. 45
...
Ariel Property Advisors, Vice President
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x20
...
Ariel Property Advisors, Vice President
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x18
...
Ariel Property Advisors, Director, Capital Services
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x48
...
Ariel Property Advisors, Vice President
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x22
...
Ariel Property Advisors, Director Of Capital Services
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x5271
...
Ariel Property Advisors, Vice President
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x23
...
Ariel Property Advisors, Vice President
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x35
...
Ariel Property Advisors, Vice President
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x26
...
Ariel Property Advisors, Vice President
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x44
...
Ariel Property Advisors, Sales Associate
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x32
...
Ariel Property Advisors, Director - Investment Sales
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x42
...
Ariel Property Advisors, Sales Associate
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x53
...
Ariel Property Advisors, Sales Associate
122 East 42nd Street, Suite 1015, New York, NY, 212.544.9500 ext. 51
...
Ariel Property Advisors, Sales Associate
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x5272
...
Ariel Property Advisors, Associate Broker
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x12
...
Ariel Property Advisors, Real Estate Salesperson
122 East 42nd Street, Suite 1015, New York, NY, (212) 544-9500 x12
...
Ariel Property Advisors, Real Estate Salesperson
122 East 42nd Street, Suite 1015, New York, NY, (212) .54-4.95
...
Ariel Property Advisors, Real Estate Salesperson
122 East 42nd Street, New York, NY, (212) 544-9500
...
Ariel Property Advisors, Real Estate Salesperson
122 East 42nd Street, New York, NY, (212) 544-9500
...
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  • Event Sales
  • Address 458 West 166th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 205,000
  • Price $ 21,000,000
  • Publication Date 10/01/2018
  • Event Date 09/26/2018
  • Party 1 Sand Realty Group
  • Party 1 Brokerage Ariel Property Advisors
  • Party 1 Broker Victor Sozio, Shimon Shkury, Michael Tortorici, Matthew Gillis, David Khukhashvili
  • Party 2 Edge Property Group
  • Party 2 Brokerage Ariel Property Advisors
  • Party 2 Broker Victor Sozio, Shimon Shkury, Michael Tortorici, Matthew Gillis, David Khukhashvili
notes
The buyer acquired the Washington Heights property for $21 million.
  • Event Sales
  • Address 57 East 130th Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 8,038
  • Price $ 3,200,000
  • Publication Date 10/01/2018
  • Event Date 09/27/2018
  • Party 1 Verse Development
  • Party 1 Brokerage Ariel Property Advisors
  • Party 1 Broker Matthew Gillis, Michael Tortorici, Victor Sozio, Marko Agbaba, Daniel Mahfar
  • Party 2 Joshua Lee
notes
The buyer bought the East Harlem property for $3.2 million.
  • Event Sales
  • Address 563 West 140th Street
  • Neighborhood Hamilton Heights
  • Borough Manhattan
  • Square feet 17,205
  • Price $ 7,430,000
  • Publication Date 08/27/2018
  • Event Date 08/27/2018
  • Party 1 561 Building Company
  • Party 1 Brokerage Ariel Property Advisors
  • Party 1 Broker Michael Tortorici
  • Party 2 Sugar Hill Capital Partners
  • Party 2 Brokerage Cignature Realty Associates
  • Party 2 Broker Peter Vanderpool
notes
The buyer purchased the Hamilton Heights property for $7.43 million.
  • Event Sales
  • Address 561 West 140th Street
  • Neighborhood Hamilton Heights
  • Borough Manhattan
  • Square feet 17,205
  • Price $ 7,425,000
  • Publication Date 08/20/2018
  • Event Date 08/14/2018
  • Party 1 561 Building LLC
  • Party 1 Brokerage Ariel Property Advisors
  • Party 1 Broker Michael Tortorici
  • Party 2 Sugar Hill Capital Partners
  • Party 2 Brokerage Cignature Realty
  • Party 2 Broker Peter Vanderpool
notes
The buyer purchased the Hamilton Heights portfolio for $7.43 million.
  • Event Sales
  • Address 316 East 117th Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 13,200
  • Price $ 24,800,000
notes
The boutique real estate firm bought the property for $24.8 million.
  • Event Financing
  • Address 43-35 42nd Street, 43-39 42nd Street
  • Neighborhood Sunnyside
  • Borough Queens
  • Square feet 25,600
  • Price $ 5,000,000
  • Publication Date 09/01/2017
  • Event Date 08/08/2017
  • Party 1 Margules Properties
  • Party 1 Brokerage Ariel Property Advisors
  • Party 1 Broker Michael Tortorici, Vic Sozio
  • Party 2 Customers Bank
notes
The buyer acquired a loan.
  • Event Sales
  • Address 304 East 147th Street
  • Neighborhood #N/A
  • Borough Manhattan
  • Square feet 15,300
  • Price $ 7,300,000
notes
The multifamily property was sold for $11.625 million.
  • Event Sales
  • Address 392 15th Street
  • Neighborhood Park Slope
  • Borough Brooklyn
  • Square feet 4,860
  • Price $ 2,700,000
notes
The property sold for 2.7 million.
  • Event Sales
  • Address 165 East 107th Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 6,863
  • Price $ 960,000
notes
The development site sold for $960,000.
  • Event Sales
  • Address 140 Lexington Avenue
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Square feet 2,469
  • Price $ 9,100,000
notes
The vacant lot sold for $9.1 million.
  • Event Sales
  • Address 1845 Eastern Parkway
  • Neighborhood Brownsville
  • Borough Brooklyn
  • Square feet 106,681
  • Price $ 21,100,000
  • Price per foot $ 197.79
notes
The multifamily portfolio sold for $21.1 million and includes 539-545 Lenox Avenue, 100 West 138th Street and 102 West 138th Street.
  • Event Sales
  • Address 584 West 152nd Street
  • Neighborhood West Harlem
  • Borough Manhattan
  • Square feet 18,960
  • Price $ 6,660,000
  • Price per foot $ 351.27
notes
The multifamily residential building sold for $6.66 million which included 586 West 152nd Street.
  • Event Sales
  • Address 2703 East Tremont Avenue
  • Neighborhood Westchester Square
  • Borough Bronx
  • Square feet 2,772
  • Price $ 6,675,000
  • Price per foot $ 2,408.01
notes
The property sold for $6.675 million.
  • Event Sales
  • Address 10-09 49th Avenue
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 7,950
  • Price $ 3,875,000
  • Price per foot $ 487.42
notes
The uniquely designed building sold for $3.875 million.
  • Event Sales
  • Address 267 West 139th Street
  • Neighborhood Harlem
  • Borough Manhattan
  • Square feet 14,715
  • Price $ 5,100,000
  • Price per foot $ 346.59
notes
The building sold for $5.1 million.
  • Event Sales
  • Address 117-125 West 141st Street
  • Neighborhood Harlem
  • Borough Manhattan
  • Price $ 42,100,000
notes
The building portfolio sold for $42.1 million includes 127-135 West 141st Street and 137-145 West 141st Street.
  • Event Sales
  • Address 1655 Madison Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
notes
The four-story building sold for $7 million.
  • Event Sales
  • Address 1711 Morris Avenue
  • Neighborhood Tremont
  • Borough Bronx
  • Price $ 90,000,000
notes
The 13-building Bronx portfolio sold for
  • Event Sales
  • Address 327 East 84th Street
  • Neighborhood Yorkville
  • Borough Manhattan
  • Square feet 11,583
  • Price $ 11,800,000
  • Price per foot $ 1,018.73
notes
The property sold for $11.8 million.
  • Event Sales
  • Address 347 East 58th Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Price $ 16,100,000
notes
The three-building portfolio, which includes 349-351 East 58th Street, sold for $16.1 million.
  • Event Sales
  • Address 1685 Morris Avenue
  • Neighborhood Concourse
  • Borough Bronx
  • Price $ 89,000,000
notes
The 13-building Bronx portfolio sold for $89 million.
  • Event Sales
  • Address 2282 Second Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 12,191
  • Price $ 2,625,000
  • Price per foot $ 215.32
notes
The building sold for $2.625 million.
  • Event Sales
  • Address 124-28 East 107th Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 20,395
  • Price $ 9,150,000
  • Price per foot $ 448.64
notes
The building sold for $9.15 million.
  • Event Sales
  • Address 1744 Merrill Street
  • Neighborhood Parkchester
  • Borough Bronx
  • Price $ 830,000
notes
The property three stories, seven residential units sold for $830,000.
  • Event Sales
  • Address 614 East 168th Street
  • Neighborhood Morrisania
  • Borough Bronx
  • Price $ 1,270,000
notes
The property with four stories, eight residential units, sold for $1.27 million.
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