Recent commercial real estate transactions


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$ 6.6 MILLION

26-34 Sherman Avenue (between Broadway and Arden Street)

Manhattan

Built in 1928, the 10,000-square-meter Fort George building has been owned by the same family since 1976. The one-story building has a basement and was last used by a New York State medical facility. The building has approximately 50,000 square feet of air rights and the new buyer plans to replace it with a multi-purpose building with 40,000 square feet of living space and 10,000 square feet of commercial space.

Buyer: Yochonon Twersky

Seller: 30 Sherman Ave Realty

Intermediaries: Brian Whelan, DJ Johnston and Alexandra Curtin of B6 Real Estate Advisors

$ 4.7 MILLION

320 West 22nd Street (between 8th and 9th avenue)

Manhattan

Built in 1900, this 8,000-square-foot five-story apartment building in Chelsea has 11 one-bedroom apartments and four studios; six are vacant and four are stabilized by rents. The building last changed owners more than 20 years ago.

Buyer: Two Kings Real Estate

Seller: The third old New York

Intermediaries: Danny Handweiler, Joe Koicim, Logan Markley and Peter Von Der Ahe of Marcus & Millichap

$ 12 MILLION

53-05 37th Avenue (between Woodside Avenue and 54th Street)

Queens

Built in 1947, this two-story industrial building in Woodside has two overhead entrances, an internal loading platform and a mezzanine with a total area of ​​29,890 square feet. Most of the space is on the ground floor, while the second floor with an area of ​​4557 square feet can be used for offices. The building also includes a 2,000-square-meter courtyard.

Seller: Nomcar Realty

Intermediaries: Kosta Alafoyiannis and Michail Piskun of Greiner-Maltz Real Estate


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