Recent Commercial Real Estate Transactions
Recent commercial real estate transactions in New York.
This 1910 building in the West Village has 13 free-market apartments, five of which are vacant. Credit…Compass
661 Washington Street (between West 10th and Christopher Streets)
This five-story, 10,000-square-foot building in the West Village was built in 1910 and has 13 free-market apartments: eight one-bedrooms, one two-bedroom, two three-bedrooms and two two-bedroom duplexes. Five of them are vacant.
Buyer: Target CP
Seller: Andrew Galway
Brokers: Adelaide Polsinelli and Udi Eliasi of Compass
This office building in the NoMad neighborhood was built around 1900. Credit…PropertyShark
260 Fifth Avenue (between West 28th and West 29th Streets)
Built around 1900, this 65,000-square-foot, 12-story office building in the NoMad neighborhood was 80 percent vacant at the time of sale.
Buyer: Amir Loloi
Buyer’s Brokers: Andrew Zang and Greg Albert of Savills
Seller: Five Points Development
Seller’s Broker: Michael J. Ferrara of Brax Realty
This property in Williamsburg is made up of a retail building and a development site.Credit…B6 Real Estate Advisors
87 Wythe Avenue (between North 10th and North 11th Streets)
This property in Williamsburg consists of a 37,000-square-foot retail building and a 53,000-square-foot development site with combined air rights. Built in 1945, the two-story retail building has nine commercial units on the first floor and three on the second. Seventy-five percent of the units have tenants, including Colossal Media, the New Work Project, the Bar Method and Kahkow USA.
Seller: Cayuga Capital
Brokers: Paul J. Massey Jr., Bryan Kirk, Robert W. Moore, DJ Johnston and Christian Kane of B6 Real Estate Advisors