Wednesday, February 26, 2014

Recent Commercial Real Estate Transactions


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12 Martense Street CreditAndrea Mohin/The New York Times
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Recent Sale
$2.775 MILLION
12 Martense Street (between Bedford and Flatbush Avenues)
Prospect-Lefferts Gardens, Brooklyn
A private investor has bought this 18,240-square-foot 1931 building. A four-story walk-up, it has 20 apartments — four one-bedrooms, 12 two-bedrooms and four three-bedrooms.
Buyer: Prince Putnam L.L.C.
Seller: 12 Martense Ft. L.L.C.
Brokers: Aaron Jungreis and Jake Blatter, Rosewood
RECENT LEASE
$36/SQUARE FOOT
$43,200 approximate annual rent
360 Jefferson Street (between Irving and Wyckoff Avenues)
Bushwick, Brooklyn
Portable Chef NYC, a home delivery service for farm-to-table prepackaged food, has taken a 10-year lease for a 1,200-square-foot loft on the first level in this two-story mixed-use building with a sublevel. The space, which is a few steps above ground level and features 17-foot-high ceilings, is now being renovated and is to open for business in April.
Tenant: Uri Attia
Landlord: Regency 775 L.L.C.
Broker: Alex Robayo, Ideal Properties Group
FOR SALE
$8.55 MILLION
940 First Avenue (between East 51st and 52nd Streets)
Manhattan
A four-story mixed-use walk-up with six apartments, which can be delivered vacant, is available for an all-cash transaction. It is 5,220 square feet in total and sits on a 25-by-57-foot lot, and it has a fish market on the ground floor.
Owner: Joseph Enea
Broker: Jesse R. Cirolli-Quinones, Besen & Associates
via:http://www.nytimes.com/2014/02/26/business/recent-commercial-real-estate-transactions.html?partner=rssnyt&emc=rss

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