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Recent Commercial Real Estate Transactions

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$4.85 MILLION

149 Franklin Road (between Java and India Streets)

Brooklyn

In-built 1931, this 8,312-square-foot, five-story constructing in Greenpoint incorporates six residences and one retail area, which is vacant. Three residences have one bed room, and three have two bedrooms. Two of the residences had been delivered vacant.

Purchaser: DAX Actual Property

Vendor: 149 Franklin Road L.L.C.

Brokers: Michael Salvatico and Shaun Riney of Marcus & Millichap

$15 MILLION

137-72 Northern Boulevard (between Union and Most important Streets)

Queens

In-built 2015, this eight-story, 29,000-square-foot constructing in Flushing is house to a 30-room resort, which features a restaurant and rooftop bar. The resort is self-managed, and the restaurant/bar is operational however may be delivered vacant.

Vendor: Chon Property

Brokers: Julia Maksimova and David Workman of Keller Williams NYC

$7.5 MILLION

156 West 88th Road (between Amsterdam and Columbus Avenues)

Manhattan

In-built 1893, this four-story constructing on the Higher West Facet consists of a garden-level duplex and a triplex, which is vacant. There are 1,910 sq. ft of accessible air rights. The constructing final traded palms in 2011.

Vendor: 156 West 88th Road L.L.C.

Brokers: Josh Lipton and Andrew Levine of Invictus Property Advisors

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