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Recent Commercial Real Estate Transactions

Category: Finance,Real Estate

FOR SALE

$22 MILLION

Potter Building

2 Beekman Street (between Park Row and Nassau Street)

Manhattan

A retail co-op is available at the base of this 1886 Queen Anne-style New York landmark. This terra-cotta building, with residential co-ops above the 9,450 square feet of dividable ground-floor retail space, sits across from City Hall Park and adjacent to Pace University’s Manhattan campus. The retail space, with 12-to-15-foot ceilings and 319 feet of frontage along Park Row and Beekman and Nassau Streets, also has 3,449 square feet of cellar space. Seven commercial tenants, anchored by Starbucks on the corner of Beekman and Park Row, include two New York tour companies and Antonella’s Salon. Two other spaces, totaling 2,197 square feet, are vacant.

Seller: Thor 38 Park Row

Brokers: Brian Segall and George Martinecz, RKF Investment Sales & Advisory Services

RECENT SALE

$4.35 MILLION

528 Fifth Street (between Seventh and Eighth Avenues)

Park Slope, Brooklyn

A multigenerational real estate firm, led by Mark Ramer and Michael Saperstein, has bought this 7,104-square-foot four-story brownstone, a block from Prospect Park, in an all-cash off-market deal. The walk-up has eight large two-bedroom apartments, of which five are vacant.

Buyer: Ramer & Saperstein

Buyer’s Broker: Nir Mor, Capital Property Partners

Seller: Nicole Love

Seller’s Broker: Self-represented

RECENT LEASE

$60/SQ. FT.

$150,960 approximate annual rent

460 West 35th Street (between Dyer and 10th Avenues)

Manhattan

The ThyssenKrupp Elevator Corporation has signed a five-year lease for the entire 2,516-square-foot ground-floor space in this two-story commercial building in the Hudson Yards area, and plans to use it as a field office mainly for its elevator projects in the redevelopment of Hudson Yards.

Tenant: ThyssenKrupp Elevator Corporation

Tenant’s Broker: Self-represented

Landlord: 460 West 35th Street

Landlord’s Brokers: Matthew Gorman, Joshua Gettler and Christopher Bruggers, New Street Realty Advisors

Email: realprop@nytimes.com


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