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Recent commercial real estate transactions

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$ 2.9 MILLION

68 West 85th Street (between Columbus Avenue and Central Park West)

Manhattan

This five-story, 5,558-square-foot resort on the Upper West Side has nine apartments: eight studios and one one-bedroom apartment. Three of the apartments are rent stabilized. The property also has a south-facing garden, an outdoor area on the fourth floor and a community roof terrace.

Buyer: CJX Companies

Seller: Robust family

Brokers: Hall Oster, Paul Smadbeck, Teddy Galligan, Conrad Martin and Braedon Gait of JLL Capital Markets

$ 8.75 MILLION

2970 Third Avenue (at East 153rd Street)

The Bronx

This 15,000 square foot one-story building in a South Bronx shopping center was constructed in 1937. The building was delivered vacant and the owner is considering redeveloping it to include new floors of retail space.

Buyer: 5 Boro real estate partners

Seller: The Jackson group

Broker: Steve Lorenzo from Lee & Associates NYC

$ 6.25 MILLION

52 Stone Street (between Hanover Square and Broad Street)

Manhattan

This four-story, 8,162-square-foot building in the Financial District features three open market apartments – two to two bedrooms and one to three bedrooms – and a downstairs bar, Stone Street Tavern.

Buyer: Ronan downs

Seller: Goldman Properties

Brokers: Marc Palermo and Louis Puopolo by Douglas Elliman


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