News:
Brokerage
Posted: August 29, 2008
Vigliotti and Guarino of Extreme Realty sell 698 10th Ave. for $7.25m
Extreme Realty, LLC has recently completed two sales totaling $10.8 million.
Extreme Realty arranged the sale of 698 10th Ave. for $7.25 million. This brand new six-story elevator building contains nine apartments and one store. Extreme Realty's Luigi Vigliotti represented the buyer, and Extreme Realty's Richard Guarino represented the seller.
The firm also arranged the sale of 424 East 10th St. for $3.55 million. This one-story commercial building was sold as a residential development site with 12,750 build-able s/f. Guarino represented the buyer, and Extreme Realty's Paul Italia represented the seller.
Founded in 1994 by James Guarino and Joel Radmin, Extreme Realty has become one of New York's top real estate firms. Extreme offers financial consultation, price negotiation, and competitive market analysis. Extreme Realty is proud to offer our business partners the ability to buy and sell property. We are renowned for our ability to match each of our clients with the best possible transaction.
Tags:
Brokerage
MORE FROM Brokerage
NYSCAR June 2026 president’s message - by Mercedes Brien
As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
Quick Hits
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
