The latest Sale
228 Malcolm X Boulevard (in between West 121st and West 122nd Streets)
This 5,962-sq.-foot, 5-tale vacant building in Harlem was developed in the late 19th century. The making, which past transformed palms in 2014, has a two-bed room condominium, a 5-bed room duplex and two retail areas, on the floor and parlor floors. The new operator designs a gut renovation.
Buyer: 228 Lenox Administration
Vendor: 228 Lenox
Brokers: Josh Lipton and Andrew Levine of Invictus Home Advisors
3165 29th Road (among Broadway and 31st Avenue)
Developed in 1928, this 39,549-square-foot building in Astoria has 6 floors and an elevator. The making has 48 apartments, 14 of which are lease regulated: five studios, 19 one particular-bedrooms, 19 two-bedrooms and 5 a few-bedrooms. All the flats are occupied. The building last adjusted palms in 2002.
Buyer: SLM Frontier
Seller: AGNC Lambadis
Brokers: Matt Fotis, Zac Golub, Lazarus Apostolidis and Paul Youssef of Marcus & Millichap
$72,000 approximate annual lease
171 Lincoln Avenue (in between East 135th and East 136th Streets)
SouthBoX, a boxing gym, signed a five-yr lease for a 3,000-sq.-foot room in this developing in Mott Haven. The constructing has a few flooring and was built in 1931. The prime two floors, which are industrial lofts, are vacant. The floor-ground retail area was just lately renovated and has been vacant for five yrs.
Tenant: SouthBoX Health and fitness center
Landlord: Angies Warehouse
Broker: Andrew Roth, EXR Somerset
2598 Third Avenue (at East 140th Road)
This 7,192-square-foot healthcare business constructing in Mott Haven was designed in 1931. There are three retail spaces, two of which have been renovated in 2018 the 3rd is becoming renovated. The tenants are BioReference Laboratories, Special Imaging and All Med. The 1-story developing has a basement and previous altered arms in 2018.
Vendor: GAM 2598 Third Avenue
Brokers: Jonathan Squires, Maurice Suede and Josh Neustadter of Cushman & Wakefield