Recent commercial real estate transactions in New York.
By Sophia June and Miles McKinley
Recent Sale
$1.18 MILLION
2177 Bedford Avenue (between Church Avenue and Martense Street)
Brooklyn
Built in 1931, this 8,870-square-foot, four-story building in Flatbush has eight three-bedroom apartments, all rent-stabilized and occupied. It last changed hands in 1963.
Buyer: Benzion Weiss
Seller: Primus family
Broker: Erik Rodriguez of Rodriguez Commercial Realty
Recent Lease
$68/SQ. FT.
$340,000 approximate annual rent
17 State Street (at Pearl Street)
Manhattan
ABR Dynamic Funds, an investment management firm, has secured 5,000 square feet of office space in this 42-story tower in Lower Manhattan. The building, designed by Emery Roth & Sons, went up in 1988. ABR Dynamic Funds will move from 48 Wall Street.
Tenant: ABR Dynamic Funds
Tenant’s Broker: Andrew Coe of JLL
Landlord: RFR Realty
For Sale
$10 MILLION
275 Bleecker Street (between Jones and Cornelia Streets)
Manhattan
This 5,250-square-foot, four-story building in Greenwich Village contains a vacant retail space on the ground floor and four gut-renovated, free-market apartments: a one-bedroom behind the retail space, two floor-through four-bedrooms and one floor-through three-bedroom. Every apartment has a private deck. The building was constructed in 1920 and was last sold in 2016.
Seller: 275 Bleecker Street
Brokers: Adam Lobel and Zachary Ziskin of Bestreich Realty Group
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