Business

Recent Commercial Real Estate Transactions

$2.9 MILLION

266 Wyckoff Avenue (between Linden Road and Gates Avenue)

242 Jefferson Road (between Knickerbocker and Wilson Avenues)

Brooklyn

These two buildings within the Bushwick neighborhood whole 8,543 sq. toes and had been offered as a bundle in July. The one at 266 Wyckoff Avenue was in-built 1920 and has 4 one-bedroom flats, one two-bedroom house and a retail house occupied by a deli. The one at 242 Jefferson Road was in-built 1931 and includes six two-bedroom flats, 5 of that are rent-stabilized. Each properties are three tales and had been final offered in 1994.

Purchaser: Joseph Jemal

Vendor: Maria Coniglio

Brokers: Derek Bestreich, Steve Reynolds, Tom Reynolds, Brian Davila and Sean Mashihi of Bestreich Realty Group

$100/SQ. FT.

$120,000 approximate annual hire

119 Fifth Avenue (at Sterling Place)

Brooklyn

The restaurant Harlem Shake signed a 10-year lease for 1,200 sq. toes on this 3,200-square-foot constructing in Park Slope as its second location. Harlem Shake will share the constructing, which was in-built 1920, with M&C E-Bike II, a bicycle restore store. The property additionally contains an occupied three-bedroom house above the restaurant.

Tenant: Harlem Shake

Tenant’s brokers: David Yablon of Katz & Associates and Sherry Naquin Sanchez and Spencer Bowman of Resolut RE

Landlord: 119 Park Slope

Landlord’s dealer: Meyer Dagmy of Alpha Acquisitions Realty

Credit score…B6 Actual Property

$14 MILLION

8 East forty first Road (between Fifth and Madison Avenues)

Manhattan

Inbuilt 1921, this eight-story, 15,550-square-foot constructing in Midtown incorporates 5 flooring of workplace house, two flooring of salon house and a retail house at floor degree. Two of the workplace areas are occupied, and a hair salon is on the second ground and a spa on the third ground. The constructing was final offered in 2000.

Vendor: forty first Road Levy

Brokers: Brock Emmetsberger, Zachary Redding and Cameron Stafford of B6 Actual Property and Nancy Cibrano of N Cibrano Realty

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button