Aframian of Itzhaki Properties closes $8.5 million SoHo sale; Represents buyer and seller of 391 Broadway
Amir Aframian of Itzhaki Properties has brokered the sale of 391 Broadway for $8.5 million.
Located in TriBeCa, between White and Walker Sts., this 11,000 s/f elevator, mixed-use, commercial loft building houses several design firms with ground floor retail.
Aframian represented both the seller, Meykrie Realty and the buyer, Erez Itzhaki of the Keystone Group.
Situated in SoHo, Itzhaki, a full-service commercial investment brokerage firm provides real estate solutions to investors, property owners, and corporations world-wide.
Itzhaki is dedicated to continuously developing dynamic relationships resulting in increased capital beyond the expectation of our clients. Through such principles as integrity and hard work, we strive to develop into an esteemed commercial investment resource for property owners, investors, and corporations worldwide.
Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 216, 218, 220 East 179th St., a development site located in the Mount Hope section of the city, for $3.735 million.
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
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,