Recent Commercial Real Estate Transactions

Recent commercial real estate transactions in New York.

By Kristen Bayrakdarian

Recent Sale

$3.75 MILLION

189 First Street (between Third Avenue and Whitwell Place)

Brooklyn

This 6,680-square-foot industrial building in Gowanus was built in 1940. It was delivered vacant to ABC Collision, an auto repair shop that has been operating in the area for more than 20 years. The building had been in the owner’s hands since the 1970s.

Buyer: ABC Collision

Buyer’s Broker: Thomas Cordasco of Thomas Cordasco Company

Seller: Advanced JAF Holding

Seller’s Brokers: Dan Marks, Daniel Lebor and Adam Tannenbaum of TerraCRG and Jakub Nowak and Jake Torre of Marcus & Millichap

Recent Sale

$1.113 MILLION

209 Highland Place (between Atlantic Avenue and Fulton Street)

Brooklyn

Built in 1939, this 5,000-square-foot warehouse in Cypress Hills features an office, a kitchen, two bathrooms and 50 feet of frontage. The building, which was last sold in 2001, was used as a distribution warehouse for Fastener Dimensions, which moved to a larger facility in New Jersey.

Buyer: Marshall Kesten

Seller: Bright Stars

Broker: Edward Kalisvaart of Keller Williams NYC

For Sale

$2.759 MILLION

38-26 30th Street (between 38th and 39th Avenues)

Queens

This two-story, 5,000-square-foot building in Long Island City was built in 1970 and last sold in 2009. It is being used to make and distribute window treatments and draperies. The ground floor is a warehouse space, and the second floor includes an office space that can be used as a residence.

Seller: Carlena

Broker: Kyle Maltz of Greiner-Maltz

Site Index

Site Information Navigation

Source: Read Full Article