Recent Commercial Real Estate Transactions

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Business|Recent Commercial Real Estate Transactions

https://www.nytimes.com/2021/11/02/business/new-york-commercial-real-estate.html

Recent commercialized existent property transactions successful New York.

Nov. 2, 2021, 9:00 a.m. ET

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This 5,181-square-foot gathering  successful  Midtown was built successful  1915.
Credit...Zoe Wetherall and VHT Studios

$4 MILLION

50 West 27th Street (between Avenue of the Americas and Broadway)

Manhattan

Built successful 1915, this four-story, 5,181-square-foot gathering successful Midtown includes a ground-floor retail abstraction and 3 floor-through bureau lofts. All units were delivered vacant.

Buyer: Asim Rashid

Seller: Arnold Morak Estate

Broker: Tom Brady of Douglas Elliman

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Credit...BOND New York Properties

$38.50/SQ. FT.

$207,130 approximate yearly rent

146 West 29th Street (between Avenue of the Americas and Seventh Avenue)

Manhattan

Uriu Nuance, an interior plan and decorativeness company, signed a five-year lease for 5,380 quadrate feet of bureau abstraction connected the sixth level of the India Building successful Midtown. The erstwhile tenant, ABC Language Exchange, occupied the abstraction for 10 years earlier shutting down during the pandemic.

Tenant: Uriu Nuance

Tenant’s Broker: James Brennan of Bond New York Properties

Landlord: Teresharan

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Credit...Compass

$1.5 MILLION

33 Water Street (between Bay and Front Streets)

Staten Island

This 12,750-square-foot improvement tract successful the Stapleton Heights vicinity is simply a crippled of onshore that tin beryllium developed into a mixed-use oregon residential property. When the property’s existent proprietor bought the abstraction successful 2018, the tract hosted a gathering with apartments supra a live-jazz bar.

Seller: LiBVentures

Brokers: Adelaide Polsinelli and Jake Rosen of Compass

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