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...


$ 6.3 MILLION

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

Brooklyn

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)

Brooklyn

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

$ 4.3 MILLION

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

Brooklyn

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
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