Recent commercial real estate transactions
$ 2.9 MILLION
68 West 85th Street (between Columbus Avenue and Central Park West)
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)
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)
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