Recent commercial real estate transactions

Recent sale $ 2.95 MILLION 2771-2777 Atlantic Avenue (between Van Siclen and Miller avenues) Brooklyn This 11,000 square foot site i...


$ 2.95 MILLION

2771-2777 Atlantic Avenue (between Van Siclen and Miller avenues)

Brooklyn

This 11,000 square foot site in Cypress Hills contains three three-story buildings, all constructed in 1920. The buildings, which were delivered vacant, each have one commercial unit and two two-bedroom apartments.

Buyer: Yc Atlantic 2 LLC

Seller: 2771 Atlantic Realty

Seller’s brokers: Peter Matheos, Mike Rafter, Andrew Manasia and Jourdon Delerme-Brown of TerraCRG

$ 6.45 MILLION

315 West 29th Street (between Ninth and Eighth Avenues)

Manhattan

This six-story, 5,808 square foot apartment building in Chelsea was built in 1900. It contains four two-bedroom and six one-bedroom duplexes. Last sold in 2013 for $ 3.85 million, the building was delivered vacant.

Buyer: Global jasper

Buyer’s Brokers: Josh Lipton and Andrew Levine of Invictus Property Advisors

Seller: Chelsea 29 LLC

Seller Broker: Havard Iversen of the New York Residence

$ 49.5 MILLION

50-58 East Third Street (between First and Second Avenues)

Manhattan

This portfolio of three six-story buildings in the East Village totals 52,481 square feet. All three were built in 1910 and together have 71 apartments: one six-bedroom apartment, four five-bedroom apartments, two four-bedroom apartments, 32 three-bedroom apartments and 32 two-bedroom apartments. Twenty percent of the apartments are rent-controlled, and there are three common roof terraces and rear spaces. The buildings changed hands for the last time in 2016.

Buyer: Gaia Real Estate

Buyer’s broker: Avison Young’s Brandon Polakoff

Seller: 50-58 East Third Fee, payable by Anbau Enterprises

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Newsrust - US Top News: Recent commercial real estate transactions
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