Business

Recent commercial real estate transactions

$1,765 MILLION

366 Leonard Street (between Meeker Avenue and Withers Street)

Brooklyn

This two-story, 1,300-square-foot building in Williamsburg sits on a 2,500-square-foot development. It was built in 1899 and has two two-bedroom apartments. The building was delivered empty and approved for demolition with plans to construct a new building.

Buyer: 366 Leonard St

Seller: Leonard’s Mansion

Broker: Dan Marks, Daniel Lebor and Andrew Manasia of TerraCRG

4.5 dollars MILLION

163 Bleecker Street (between Thompson and Sullivan Street)

Manhattan City

This 5,000 square foot building in Greenwich Village was sold as a development site after a fire consumed it in May. Built in 1900, it has two floors: Uncle Ted’s restaurant on the ground floor and a yoga studio on the top floor. Both companies were vacant after the fire.

Buyer: Ofer Cohen

Buyer’s Broker: Matt Fotis and Robert Aaron by Marcus & Millichap

Seller: Bleecker Plaza Realty

Seller’s Broker: Joshua Bluestein and John J. Stewart of Marcus & Millichap

$14.65 MILLION

165 Bennett Avenue (on West 189th Street)

Manhattan City

Built in 1940, this six-story, 59,952-square-foot building in Hudson Heights contains 79 apartments: 14 studios, 47 one-bedroom units, and 18 two-bedroom units. All are stable tenants and occupied at the time of sale.

Buyer: George Valiotis

Seller: Muschel’s family

Broker: Ryan Perkoski and Henry Grass of RPR Ventures

https://www.nytimes.com/2022/02/01/business/new-york-commercial-real-estate.html Recent commercial real estate transactions

Fry Electronics Team

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