Thursday, 3 Dec 2020

Recent Commercial Real Estate Transactions

Recent Sale

$2 MILLION

37-04 30th Avenue (between 37th and 38th Streets)

Queens

Built in 1925, this 3,140-square-foot, three-story building in Astoria has two two-bedroom apartments, two one-bedroom apartments and a ground-floor commercial space that is occupied by a coffee shop. The property last changed hands in 1971.

Buyer: 37-04 30th Ave

Seller: Irene Becker

Brokers: Max Belinsky, Dimitri Kapelonis, Constantinos Kapelonis and Austin Roche of BKR Real Estate Group

Recent Sale

$6 MILLION

37 West 46th Street (between Fifth Avenue and Avenue of the Americas)

Manhattan

Built in 1920, this mixed-use six-story building in Midtown has more than 12,100 square feet. The ground floor was occupied by a Japanese restaurant, but the building is now vacant.

Buyer: Elo Organization

Seller: 37 West 46th Street Realty Corp

Brokers: Nir Mor and Rubens Jordan of Capital Property Partners

For Lease

$48/SQ. FT.

$599,376 approximate annual rent

600 Lexington Avenue (at 52nd Street)

Manhattan

The sixth floor of this building in Midtown is available for sublease. The building was built in 1983, and the space for lease was remodeled in 2016. The 12,487-square-foot floor consists of three conference rooms, eight offices, an open area for 60 or more people and a kitchen with cafeteria-style seating. Furniture is included.

Landlord: Property Group Partners

Landlord’s Brokers: Tara Stacom and Harry Blair of Cushman & Wakefield

Source: Read Full Article

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