Recent Commercial Real Estate Transactions


$9.5 MILLION

159 West twenty third Avenue (between Avenue of the Americas and Seventh Avenue)

Manhattan

This five-story, 8,950-square-foot constructing in Chelsea has six flats and two retail areas. Three of the flats are rent-regulated. Each retail areas and one condominium are vacant.

Vendor: 159 West twenty third L.L.C.

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

$20/SQ. FT.

$660,000 approximate annual hire

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

Queens

This 33,000-square-foot industrial warehouse in Faculty Level encompasses a personal car parking zone and a double-level floor ground, with an inside loading dock on the higher floor ground and two overhead doorways on the decrease floor ground.

$11.25 MILLION

1400 Benson Avenue (at Lane Avenue)

The Bronx

Inbuilt 1925, this 55,272-square-foot, six-story constructing within the Westchester Sq. neighborhood accommodates 58 flats and 6 retail areas, plus a basement. All the flats — 50 of them rent-stabilized — and retail areas are occupied. The constructing was the primary actual property growth by the Rudin household, which oversees one of many largest privately owned actual property corporations in New York.

Vendor: Rudin Administration

Purchaser: Michael Gontar

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



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