THE DEAL SHEET
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| SALES The real estate arm of Steiner Studios purchased the 44-unit luxury Jardin rental development at 142 North 6th St, Williamsburg from Read Property Group for $38M. MNS’s David Behin brokered the deal. *** Besen & Associates brokered four deals: a two-story, 8,200 SF retail building with 60k buildable SF at 172-174 Montague St, Brooklyn for $12M (seller rep: David Davidson for Robar LLC; buyer rep: Lynda Blumberg for Bh 1 Cd LLC); a 41-unit, six-story walkup apartment building at 332 E 95th St for $7.6M (broker: Orly Hazan); a 4,000 SF, four-story mixed-use building at 40 Peck Slip for $3.2M (seller rep:Jackie Himmelstein; buyer rep: Ron Cohen); and a 12-unit, five-story apartment building at 118 E 7th St for $3.1M (seller rep: Bobby Khurana; buyer rep: Glenn Raff for 118 East 7 LLC). *** A private investor purchased the five-story, 19k SF elevator building at 62-64 E 34th St from a private investment partnership for $13M. Ariel Property Advisros’ Shimon Shkury, Victor Sozio, and Michael Tortorici brokered the deal. *** Massey Knakal brokered four deals: two contiguous, five-story apartment buildings totaling 54 units at 2411-2415 Prospect Ave, the Bronx for $4.2M (broker: Karl Brumback); a four-story, 6,700 SF mixed-use building at 384 Court St, Carroll Gardens for $2.4M(broker: Kenneth Freeman); a vacant two-story, 5,000 SF building at 38-40 Crescent St, Long Island City for $1.3M (broker: Al Hollman); and two mixed-use buildings totaling 5,600 SF at 126-15/17 Liberty Ave, Richmond Hills for $1.1M (brokers: Brian Sarath and Stephen Preuss). *** A private investor purchased four six-unit apartment buildings at 1402-1408 Putnam Ave, Brooklyn for $2.5M. Marcus & Millichap’s Erik Lundberg repped the seller and also repped the buyer along with colleague Shaun Riney. Shaun also helped broker the previously announced sale of 1182-1186 Putnam Ave and 564 Evergreen Ave, Bushwick. *** 96-98 Baltic Residences LLC purchased 96 and 96 Baltic St, Cobble Hill—which total 12k SF and 16 units—for $1.8M. Rosewood Realty Group’s Aaron Jungreis repped seller 96 Baltic Piers LLC, while his colleague Michael Guttman repped the buyer. More deals after a word from our sponsor. |
Vornado entered into an agreement to acquire the 114k SF retail condo at 666 Fifth Ave for $707M, leased by Uniqlo, Hollister, and Swatch. The building’s office condo is 49.5% owned by Vornado.