Recent Commercial Real Estate Transactions
Recent commercial real estate transactions in New York.,
2771-2777 Atlantic Avenue (between Van Siclen and Miller Avenues)
This 11,000-square-foot site in Cypress Hills contains three three-story buildings, all built in 1920. The buildings, which were delivered vacant, each have a retail unit and two two-bedroom apartments.
Buyer: Yc Atlantic 2 L.L.C.
Seller: 2771 Atlantic Realty
Seller’s Brokers: Peter Matheos, Mike Rafter, Andrew Manasia and Jourdon Delerme-Brown of TerraCRG
315 West 29th Street (between Ninth and Eighth Avenues)
This six-story, 5,808-square-foot apartment building in Chelsea was built in 1900. It contains four two-bedroom duplexes and six one-bedrooms. Last sold in 2013 for $3.85 million, the building was delivered vacant.
Buyer: Jasper Global
Buyer’s Brokers: Josh Lipton and Andrew Levine of Invictus Property Advisors
Seller: Chelsea 29 L.L.C.
Seller’s Broker: Havard Iversen of New York Residence
50-58 East Third Street (between First and Second Avenues)
This portfolio of three six-story buildings in the East Village totals 52,481 square feet. All three were built in 1910 and together have 71 apartments: one six-bedroom apartment, four five-bedroom apartments, two four-bedroom apartments, 32 three-bedroom apartments and 32 two-bedroom apartments. Twenty percent of the apartments are rent-controlled, and there are three common roof decks and backyard spaces. The buildings last changed hands in 2016.
Buyer: Gaia Real Estate
Buyer’s Broker: Brandon Polakoff of Avison Young
Seller: 50-58 East Third Fee, in care of Anbau Enterprises