Sale Worth: $27.5 million
Nonprofit group Christian Advocates Serving Evangelism has bought the 9,765-square-foot retail property within the borough’s Lenox Hill neighborhood. The client is Kassin Sabbagh Realty, referred to as KSR. The property beforehand traded in 2022, when French retailer Liaigre bought it for $16.5 million.
Initially in-built 1910, the five-story property was final upgraded in 2023 and contains two residential models totaling 1,328 sq. ft.
Sale Worth: $15 million
An entity affiliated with Categorical Builders bought the 21,000-square-foot retail constructing from a personal vendor. The client additionally secured $11 million in acquisition financing originated by Fashionable Financial institution.
The one-story constructing dates again to 1923 and contains 117,530 sq. ft in unused air rights. It’s located shut to 2 subway stations on Burnside Avenue and Grand Concourse in addition to two bus stops, with Midtown Manhattan being 10 miles away.
Sale Worth: $9.8 million
Namdar Realty Group bought the 14,663-square-foot retail element of the residential property at 225 W. 83rd St. The vendor was Nuveen Actual Property, which picked up the asset in 2011 for $44.7 million. The industrial apartment was the previous residence of Charles Schwab and it seems to be at the moment vacant.
The retail apartment is throughout the 23-story residential property at 225 W. 83rd St. in Manhattan’s Higher West Facet. The constructing totals 327,793 sq. ft, 306 multifamily models and got here on-line in 1985.
Sale Worth: $5.9 million
In the future later, one other Higher West Facet property traded. Elad Group picked up the 4.800-square-foot retail constructing at 2581 Broadway from Walter & Samuels Inc. The proprietor secured $6 million via one hole mortgage and one consolidated and restated mortgage from Mizrahi-Tefahot Financial institution.
The 2-story retail asset dates again to 1901 and contains 14,190 sq. ft in unused air rights whereas having a Stroll Rating of 100.
Sale Worth: $5.1 million
A personal entity purchased the 600-square-foot constructing in Queens’ Far Rockaway neighborhood from Pink Group Administration. The property final traded in 2003 for $900,000. The one-story retail constructing was constructed in 1972 and has 66,976 sq. ft of unused air rights. The asset seems to be at the moment vacant, PropertyShark knowledge exhibits.
—Posted on April 24, 2025
