Current Industrial Actual Property Transactions

$5.875 MILLION

316-322 East 149th Road (between Morris and Courtlandt Avenues)

The Bronx

This two-story, 12,000-square-foot constructing within the Mott Haven neighborhood was constructed in 1931. It incorporates 15 workplace items on the second ground, eight of them occupied by native companies, and 6 retail items on the bottom ground. These are occupied by a pharmacy, a magnificence provide retailer, a tax and passport specialist, a cellphone store, a tattoo parlor and a nail salon.

Purchaser: 316 East 149th Road L.L.C.

Vendor: Maria D’Onofrio

Dealer: Matthew Sparks of GFI Realty Companies


1490 and 1497 McDonald Avenue (at Avenue M)


These two single-story warehouses within the Midwood neighborhood are throughout the road from one another and separated by the aboveground F practice tracks. 1490 McDonald Avenue, inbuilt 1928, has 29,500 sq. toes of space for storing and a pair of,000 sq. toes of mezzanine workplace area; 1497 McDonald Avenue, inbuilt 2006, has 5,750 sq. toes of area, most of it used for storage. The buildings had been utilized by McDonald Steel & Roofing Provide. The Attract Group, which operates rehabilitation amenities in Brooklyn and Harlem, plans to make use of them for storage and flex workplace area.

Purchaser: Attract Group

Vendor: MMAH

Brokers: Bobby Lawrence and Jermaine Pugh of B6 Actual Property Advisors

Credit score…Douglas Elliman

$61/SQ. FT.

$67,200 approximate annual lease

1980 Amsterdam Avenue (at West 158th Road)


Pizza Hut has signed a 10-year lease for an area on the bottom ground that’s about 1,100 sq. toes, plus a 900-square-foot basement, on this six-story, 12,375-square-foot constructing in Washington Heights. The constructing, which was inbuilt 2018, additionally consists of 14 residences and one other business area, occupied by KinesioWorks Bodily Remedy.

Tenant: Pizza Hut

Tenant’s Dealer: Bruce Herman of Sales space Capital Advisors

Landlord: 1980 Amsterdam Avenue Affiliation

Landlord’s Dealer: Tom Brady of Douglas Elliman Current Industrial Actual Property Transactions

Fry Electronics Team

Fry is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button