SALE
IMAGE: Sasha Mejia
DATE: 04/22/2021
ADDRESS: 2640 Jerome Avenue
MARKET: Bronx
ASSET TYPE: Retail
BUYER: Anver Levy
SELLER: Florence Walker
BROKER: Sasha Mejia (@_SashaTheRealtor) @RASEquityPartners
ASKING PRICE: $4,600,000
SALE PRICE: $4,500,000
BSF: 43,585 ~ PPBSF: $103
SF: 6,516 ~ PPSF: $690
#NewYork #RealEstate #tradedny #NY #Bronx #SashaMejia #AnverLevy #FlorenceWalker
May 11
SALE
IMAGE: Sasha Mejia
DATE: 04/22/2021
ADDRESS: 2640 Jerome Avenue
MARKET: Bronx
ASSET TYPE: Retail
BUYER: Anver Levy
SELLER: Florence Walker
BROKER: Sasha Mejia (@_SashaTheRealtor) @RASEquityPartners
ASKING PRICE: $4,600,000
SALE PRICE: $4,500,000
BSF: 43,585 ~ PPBSF: $103
SF: 6,516 ~ PPSF: $690
#NewYork #RealEstate #tradedny #NY #Bronx #SashaMejia #AnverLevy #FlorenceWalker
SALE
IMAGE: George Martinecz & Brian Segall
DATE: 04/22/2021
ADDRESS: 7 Knickerbocker Avenue (AKA 426 Johnson Avenue)
MARKET: East Williamsburg, Brooklyn
ASSET TYPE: Industrial
SELLER Rivington Company
BUYER: Worthless Studios
BUYER’S REP: Brian Segall & George Martinecz @Newmark
SELLER’S REP: Larry Roberts
SALE PRICE: $5,300,000
BSF: 20,000 ~ PPBSF: $265
SF: 10,000 ~ PPSF: $530
LAST SALE PRICE: $4,100,000 (3/2015)
#NewYork #RealEstate #tradedny #NY #EastWilliamsburg #Brooklyn #BrianSegall #GeorgeMartinecz #LarryRoberts #713KnickerbockerAvenue #worthlessstudios #rivingtoncompany
May 10
SALE
IMAGE: George Martinecz & Brian Segall
DATE: 04/22/2021
ADDRESS: 7 Knickerbocker Avenue (AKA 426 Johnson Avenue)
MARKET: East Williamsburg, Brooklyn
ASSET TYPE: Industrial
SELLER Rivington Company
BUYER: Worthless Studios
BUYER’S REP: Brian Segall & George Martinecz @Newmark
SELLER’S REP: Larry Roberts
SALE PRICE: $5,300,000
BSF: 20,000 ~ PPBSF: $265
SF: 10,000 ~ PPSF: $530
LAST SALE PRICE: $4,100,000 (3/2015)
#NewYork #RealEstate #tradedny #NY #EastWilliamsburg #Brooklyn #BrianSegall #GeorgeMartinecz #LarryRoberts #713KnickerbockerAvenue #worthlessstudios #rivingtoncompany
LOAN
DATE: 05/04/2021
ADDRESS: 538 Clinton Street
MARKET: Carroll Gardens, Brooklyn
ASSET TYPE: Multifamily ~ UNITS: 5
LENDER: Derby Copeland Capital
LANDLORD: Zaks Development - Lev Zaks
LOAN AMOUNT: $4,000,000
NOTE: Condo redevelopment recapitalization for a 7,289 net sellable square foot 5-unit condo conversion ($550 PSF fully funded).
Derby Copeland Capital is a New York City based private equity firm that specializes in opportunistic real estate related debt financing and equity investments. Please send any mezzanine loan, construction loan, bridge loans, and preferred equity opportunities to info@derbycopeland.com.
#NewYork #RealEstate #tradedny #NY #CarrollGardens #Brooklyn #DerbyCopelandCapital #ZaksDevelopment
May 10
LOAN
DATE: 05/04/2021
ADDRESS: 538 Clinton Street
MARKET: Carroll Gardens, Brooklyn
ASSET TYPE: Multifamily ~ UNITS: 5
LENDER: Derby Copeland Capital
LANDLORD: Zaks Development - Lev Zaks
LOAN AMOUNT: $4,000,000
NOTE: Condo redevelopment recapitalization for a 7,289 net sellable square foot 5-unit condo conversion ($550 PSF fully funded).
Derby Copeland Capital is a New York City based private equity firm that specializes in opportunistic real estate related debt financing and equity investments. Please send any mezzanine loan, construction loan, bridge loans, and preferred equity opportunities to info@derbycopeland.com.
#NewYork #RealEstate #tradedny #NY #CarrollGardens #Brooklyn #DerbyCopelandCapital #ZaksDevelopment
SALE
IMAGE: Michael Rudder & Justin Harris
DATE: 04/30/2021
ADDRESS: 99 Hudson St. (Partial 12th Floor)
MARKET: TriBeCa
ASSET TYPE: Office Condo
BUYER: Olshan Properties
SELLER: CM&F Group
BROKERS: @MichaelRudder & Justin Harris (@JustinHarris199) @RudderPropertyGroup
SALE PRICE: $7,275,000
SF: 9,816 ~ PPSF: $741
#NewYork #RealEstate #tradedny #NY #Tribeca #MichaelRudder #JustinHarris #OlshanProperties #CMAndFGroup
May 10
SALE
IMAGE: Michael Rudder & Justin Harris
DATE: 04/30/2021
ADDRESS: 99 Hudson St. (Partial 12th Floor)
MARKET: TriBeCa
ASSET TYPE: Office Condo
BUYER: Olshan Properties
SELLER: CM&F Group
BROKERS: @MichaelRudder & Justin Harris (@JustinHarris199) @RudderPropertyGroup
SALE PRICE: $7,275,000
SF: 9,816 ~ PPSF: $741
#NewYork #RealEstate #tradedny #NY #Tribeca #MichaelRudder #JustinHarris #OlshanProperties #CMAndFGroup
SALE
IMAGE: Joseph Sutton & Jeff Sutton
DATE: 05/07/2021
ADDRESS: 1121-1123 Avenue J
MARKET: Midwood, Brooklyn
ASSET TYPE: Retail
BUYER: 🤐
SELLER: Wharton Properties
LENDER: Bankwell Bank
TENANT: @BankOfAmerica
SALE PRICE: $10,642,857
SF: 7,012 ~ PPSF: $1,517
LOAN AMOUNT: $7,450,000
LAST SALE PRICE: $5,300,000 (10/2017) 📈
NOTE: Bank of America signed a 20 year triple-net (NNN) lease (5/14/20-12/31/40) with Wharton Prop. - generating an annual NOI of $491,700, with escalations in years 4, 7, 11 & 16.
#PeterJMannarino #JeffSutton #JosephSutton #NewYork #NewYorkRealEstate #NYCRealEstate #Tradedny #NY #Midwood #CommercialRealEstate #CRE #Brooklyn #JustSold
May 10
SALE
IMAGE: Joseph Sutton & Jeff Sutton
DATE: 05/07/2021
ADDRESS: 1121-1123 Avenue J
MARKET: Midwood, Brooklyn
ASSET TYPE: Retail
BUYER: 🤐
SELLER: Wharton Properties
LENDER: Bankwell Bank
TENANT: @BankOfAmerica
SALE PRICE: $10,642,857
SF: 7,012 ~ PPSF: $1,517
LOAN AMOUNT: $7,450,000
LAST SALE PRICE: $5,300,000 (10/2017) 📈
NOTE: Bank of America signed a 20 year triple-net (NNN) lease (5/14/20-12/31/40) with Wharton Prop. - generating an annual NOI of $491,700, with escalations in years 4, 7, 11 & 16.
#PeterJMannarino #JeffSutton #JosephSutton #NewYork #NewYorkRealEstate #NYCRealEstate #Tradedny #NY #Midwood #CommercialRealEstate #CRE #Brooklyn #JustSold
