Recent commercial real estate transactions



159 West 23rd Street (between Avenue of the Americas and Seventh Avenue)


This 8-storey building with an area of ​​8,950 square meters in Chelsea has six apartments and two retail spaces. Three of the apartments are regulated by rent. Both business premises and one apartment are empty.

Seller: 159 West 23rd LLC

Intermediaries: Matt Fotis, Colton Traynham and Leonard Pisano of Marcus & Millichap

$ 20/ SQ. FT.

$ 660,000 approximate annual rent

113-25 14th Avenue (at 114th Street)


This 33,000-square-foot industrial warehouse in College Point has private parking and a ground-floor, two-story house with an internal loading dock on the upper ground floor. and two upper doors on the lower ground floor.

$ 11.25 MILLION

1400 Benson Street (on Lane Avenue)


Built in 1925, this six-storey building with an area of ​​55,272 square meters in the neighborhood of Westchester Square contains 58 apartments and six commercial spaces and a basement. All apartments – 50 of them are stabilized by rent – and retail space is occupied. The building was the first real estate construction of the Rudin family, which oversees one of the largest private real estate companies in New York.

Seller: Rudin management

Buyer: Michael Gontar

Intermediaries: Jonathan Squires, Joshua King, Eric Roth, Michael Fioravanti and Robert Shapiro of Cushman & Wakefield

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