Current Industrial Actual Property Transactions

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$1.74 MILLION

1955 and 1957 Lurting Avenue (between Neill and Rhinelander Avenues)

The Bronx

These two condominium buildings within the Morris Park neighborhood had been in-built 1925. The buildings complete 8,500 sq. toes and have six one-bedroom residences and 4 two-bedroom residences, all of that are occupied.

Purchaser: Lurting Avenue Associates

Vendor: S&C Administration

Vendor’s Brokers: Robert Shapiro, Jonathan Squires and Michael Fioravanti of Cushman & Wakefield

$94/SQ. FT.

$85,000 approximate annual lease

237 West fifteenth Avenue (between Seventh and Eighth Avenues)

Manhattan

Arisa Hair signed a 10-year lease for a 900-square-foot retail house on the bottom flooring of this constructing in Chelsea, which it plans to make use of for a salon. The constructing is a 14-unit co-op that was in-built 1905. The house was beforehand occupied by Valley Nail Salon.

Tenant: Arisa Hair

Tenant’s Dealer: Yossi Capland at Compass

Landlord: 237 West fifteenth Avenue Homeowners Company

Landlord’s Dealer: Yossi Capland at Compass

$29.5 MILLION

6201 fifteenth Avenue (at 62nd Avenue)

Brooklyn

This 151,000-square-foot four-story workplace constructing is in Bensonhurst. The constructing was initially bought it in 1988 and was most just lately renovated in 2010. It consists of an 8,400-square-foot car parking zone with house for 40 automobiles.

Purchaser: Shiya Labin

Vendor: American Inventory Switch & Belief Firm

Brokers: Ofer Cohen, Dan Marks, Daniel Lebor and Adam Tannenbaum of TerraCRG

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