Latest Business Actual Property Transactions

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$15.6 MILLION

25-98 thirty sixth Road (at twenty eighth Avenue)

Queens

This 50,910-square-foot, six-story residential constructing within the Astoria neighborhood was in-built 1931. The constructing accommodates an elevator and 59 models, together with 58 one-bedroom models and one-three bed room unit. Some flats can be found for market price whereas others are rent-regulated.

Purchaser: World One Actual Property Fund II (by means of Nelson Administration Group)

Vendor: Andrew Latos, executor of the property of John Xikis

Vendor’s Dealer: Ted Mastakouris of Iron Fort Group

$1.7 MILLION

660 Fulton Road (Between Lafayette Avenue and South Elliott Place)

Brooklyn

Inbuilt 1930, this two-story constructing within the Fort Greene neighborhood accommodates two industrial models, each vacant. The bottom flooring was dwelling to Frank’s Cocktail Lounge, and the second flooring was used as workplace area. The property final modified palms in 2001.

Consumers: Sean Lefkovits and David Lloyd of Davean Holdings

Purchaser’s Dealer: Bestreich Realty Group

Vendor: The property of Ruby Perkins

Vendor’s Dealer: Bestreich Realty Group

$3.8 MILLION

60 West 91st Road (between Central Park West and Columbus Avenue)

Manhattan

Inbuilt 1900, this five-story, 5,780-square-foot constructing on the Higher West Facet has 9 one-bedroom flats. It will likely be delivered practically vacant, with a path to emptiness. The property is being offered underneath a reorganization plan in a Chapter 11 chapter. It was final renovated in 1987.

Vendor: WW L.L.C.
Brokers: Greg Corbin and Aaron Kline at Rosewood Realty

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