Recent commercial real estate transactions
$ 2.05 MILLION
1414, avenue Utica (between avenue Foster and chemin Farragut)
This three-story, 10,083 square foot office building in East Flatbush includes 3,000 square feet of vacant land at 1376 Utica Avenue used for parking. Built in 1931, the building is occupied by Tri-Borough Home Care and contains 20 medical offices.
Buyer: Mark Koplowitz
Seller: Kenrick cort
Brokers: Greg Corbin and Chaya Milworn of Rosewood Realty Group
$ 15 MILLION
236 West 72nd Street (between Broadway and West End Avenue)
This six-story, 16,000 square foot Upper West Side building was constructed in 1927 and has been used for the past 48 years as the mission house and New York headquarters of the Metropolitan New York Baptist Association. It has 10 business units and will be delivered vacant.
Seller: New York Baptist Mission
Brokers: Adelaide Polsinelli and Meylin Maldonado from Compass
975 Liberty Avenue (between Chestnut Street and Conduit Boulevard)
Built in 2018, this seven-story, 40,249 square foot building in Cypress Hills has 41 apartments, all occupied. Thirteen of the apartments are rented through a lottery operated by the New York City Department of Housing Preservation and Development. The building also has a parking lot and six rented commercial spaces on the ground floor and lower level, occupied by a home care office, an optical store, an event space and several offices.
Seller: Freedom for all
Brokers: Stephen R. Preuss, Kevin Schmitz, Andreas Efthymiou and Kevin Louie of Ripco Real Estate