Avison Young announced today that its Tri-State Investment Sales Group has arranged the sale of 206 Spring Street, a five-story commercial building in SoHo, for $10.5 million. 206 Spring Street includes 15,540 rentable square feet across two floors of retail, one lower-level space with a full prep kitchen and three.
Newly founded investment firm makes its first NYC purchase; GreyHill Group gets dramatic with historic upstate property acquisition and; Thor sells midtown office condo for $10.75 million.
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ROBERT SHAPIRO
Cushman & Wakefield announced the $1.58 million sale of 1600 Tomlinson Avenue, a 10-unit, 7,350 s/f multifamily property in Morris Park.
Robert M. Shapiro, Jonathan Squires and
Michael Fioravanti represented the seller. Located on the corner of Tomlinson and Pierce Avenues, the fully occupied property comprises three two-bedroom units and seven one-bedroom units. The buildings are within walking distance to the Westchester Square Subway Station and the Morris Park Subway Station. The Bronx Zoo, Botanical Gardens, Albert Einstein College of Medicine and Jacobi Medical Center are in close proximity.
JACKLENE CHESLER
••• Colliers International Group Inc. closed the sale of 7 Becker Farm Road, a multi-tenant office building in Roseland, New Jersey.
SALES
CBRE announced the sale of a religious facility located at 108 Washington Place in Passaic, NJ. The former Presbyterian church was acquired by the Church of God Prophecy for $750,000.
Charles Berger and
Samuel Bernhaut and
Nicole Nannola of CBRE’s Retail Services, represented the seller, Trustees First Presbyterian Society of Passaic, and procured the buyer, another religious institution that will continue to cater to the neighborhood. Built in 1927 to serve the Jewish congregation B’nai Benjamin, 108 Washington Place is a 12,790 s/f, two-story house of worship that can accommodate up to 400 people in the main sanctuary and balcony. The lower level contains additional meeting rooms, offices and a full industrial kitchen. The property is near multiple bus lines and is two blocks away from Main Avenue, Passaic’s main commercial thoroughfare.