Recent Commercial Real Estate Transactions

$3.9 MILLION

409 East 50th Street (between First Avenue and Beekman Place)

Manhattan

This 3,340-square-foot, four-story brownstone in Midtown East was built in 1930. The building contains four three-bedroom apartments and one office unit and was delivered vacant.

Seller: 409 East 50th Realty

Broker: Anthony Celifarco of Prime Real Estate Partners

$4.6 MILLION

4407-4409 Queens Boulevard (between 44th and 45th Streets)

Queens

These two adjacent three-story buildings in Sunnyside have a total of 6,382 square feet. They include four free-market apartments: two two-bedrooms and two three-bedrooms. There are also two retail spaces, occupied by a restaurant and a salon. The property allows for about 12,580 square feet of available air rights.

Seller: Terry Ritsos

Brokers: Matthew Fotis, Zachary Golub, Lazarus Apostolidis and Paul Youssef of Marcus & Millichap

$72/SQ. FT.

$1.2 million approximate annual rent

110 Kent Avenue (between North Seventh and North 10th Streets)

Brooklyn

This three-story, 22,000-square-foot building in Williamsburg has 14,000 square feet of interior space, plus a 5,000-square-foot basement with a kitchen and a 3,000-square-foot rooftop deck. The building includes a ground-level restaurant with two wet bars along with commercial space on the other two floors.

Landlord: 110 Kent Avenue

Broker: Jon Smilowitz of Douglas Elliman

Be the first to comment

Leave a Reply

Your email address will not be published.


*