Recent commercial real estate transactions

Recent sale $ 6.3 MILLION 848 East 43rd Street (between Glenwood Road and Avenue H) Brooklyn This 29,500 square foot industrial land...


848 East 43rd Street (between Glenwood Road and Avenue H)


This 29,500 square foot industrial land in the East Flatbush neighborhood consists of a one-storey 17,500 square foot industrial building built in 1960 and a 12,000 square foot enclosed yard. The building, which served as a heating equipment manufacturing site, was delivered vacant.

Buyer: Breuckelen 1653

Seller: Rubicon Industries

Brokers: Dan Marks, Daniel Lebor and Robert Finnerty of TerraCRG

$ 11.85 MILLION

348 Atlantic Avenue (at Hoyt Street)

336 State Street / 75 Hoyt Street (at Hoyt Street)


This package contains two buildings in Boerum Hill. Built in 1910, the four-story, 6,600-square-foot building at 348 Atlantic has six four-bedroom apartments and two commercial spaces, one of which is occupied by a delicatessen. The other building measures 5,200 square feet and was constructed in 1920. It is divided into a three-story building at 336 State Street and a two-story building at 75 Hoyt Street. It has three five-bedroom apartments and one three-bedroom apartment, all occupied, and three commercial spaces, rented by Grand Army, Oaxaca Taqueria, and Little Sweet Cafe.

Buyers: Mark Winter-Gitelson and Alexandre de Montebello from the Cofinance Group

Seller: The Hidary family of Hidrock properties

Brokers: Lev Mavashev and Daniel Aminov of Alpha Realty


7127-7129 Fifth Avenue (between Ovington Avenue and 72nd Street)


This 9,600 square foot four-story building in the Bay Ridge neighborhood was constructed in 1904 and features 14 one-bedroom apartments, 13 of which are rent-stabilized, and two commercial spaces, occupied by a jewelry store and physiotherapist’s office. . .

Seller: Pierre Lambropoulos

Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring and Azem Kajoshaj of Bestreich Realty Group

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Newsrust - US Top News: Recent commercial real estate transactions
Recent commercial real estate transactions
Newsrust - US Top News
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