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WHO'S NEWS: Latest appointments, promotions | Real Estate Weekly

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ON THE SCENE: Latest middle market sales, exclusives

SALES
Avison Young announced the sale of two four-story residential properties in the East Village neighborhood of Manhattan. 349 East 13th Street was acquired for $3,500,000 while 405 East 6th Street (pictured top) was acquired for $4,000,000. The same family had owned the properties for over 25 years.
Brandon Polakoff represented the seller and buyer in both transactions.
•••
Bestreich Realty Group (BRG) announced the closing of 417 3rd Street in Park Slope, Brooklyn for $4,700,000. The multifamily property has four apartments which total approximately 5,208 s/f priced at $902 psf. The property 21 by 62 ft. and the lot dimension is 21 by 95 ft. It is zoned R6B and FAR 2.0. The seller was Kenneth Nicholds and the buyer was William Chang. Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Gabriel Kates, and Daniel Shawah facilitated both sides of the transaction. ....

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Recent Commercial Real Estate Transactions

Recent Commercial Real Estate Transactions
Recent commercial real estate transactions in New York.
By Sophia June
Recent Sale
Manhattan
This 6,620-square-foot package of two three-story buildings in Koreatown was formerly home to O’Reilly’s Pub. The buildings, which have 18,572 square feet of available air rights, were delivered vacant. The sale was the first in 40 years for the buildings.
Buyer: Ken Lee
Broker: Alan Stenson of Brax Realty
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Recent Sale ....

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Commercial Real Estate Sold and for Sale in New York

Brooklyn
Built in 1931, this 8,312-square-foot, five-story building in Greenpoint contains six apartments and one retail space, which is vacant. Three apartments have one bedroom, and three have two bedrooms. Two of the apartments were delivered vacant.
Buyer: DAX Real Estate
Brokers: Michael Salvatico and Shaun Riney of Marcus & Millichap
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This hotel in Flushing has 30 rooms, plus a restaurant and rooftop bar. Credit.The One Boutique Hotel
For Sale ....

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