CBRE | Syracuse completes three sales totaling $3.0325 million

Michael Finn, managing partner of CBRE | Syracuse, announces recent commercial real estate transactions: Marty Dowd and David Thomas were the sole brokers in the $1.4 million sale of Old Boorne Dr., Clinton, a multifamily property consisting of four, two-story buildings with a total of 48 units. EF Capital, LLC purchased the property from Old Carriage Apartments, LLC. Robert Nelson exclusively brokered the $1,332,500 sale of 422 College Heights, Watertown, which included two, three-story buildings with 30 garden/low-rise apartments. Jefferson Heights, LLC purchased the property from Prime, LLC. Thomas exclusively brokered the $300,000 sale of The Cleveland House Apartments, 8 Main St., Adams. An investor purchased the property from First Niagara Bank, which recently foreclosed on the building. CBRE/Thomas also provided receivership services for the building throughout the foreclosure process. The Cleveland House Apartments is a four-story mixed-use commercial building with 19 residential units and first floor professional office space.

Tags: Brokerage

Reprint

Previous Story Next Story

Atria Health Institute to open at One High Line with brokerage by Access Real Estate

Manhattan, NY Access Real Estate, a U.S.-based investment group with a diverse portfolio of world-class properties, and Witkoff, a privately held real estate investment and development firm, has leased Atria Health Institute

Graham Windham relocates to The Interchurch Center: NYC’s Hub for Nonprofit Collaboration & Impact, signing a five-year 9,833 s/f lease

Graham Windham relocates to 9,833 s/f at The Interchurch Center

Levin Management Corp.’s mid-year survey: Retailers accelerate AI and technology investments as performance remains stable

LMC.’s mid-year survey: Retailers accelerate AI and technology investments

Lee & Associates NYC arranges 1,375 s/f retail lease at 162 Bleecker St. for Scoop N Scootery

Lee & Associates NYC arranges 23,600 s/f lease for Department of War at 1 Old Country Rd. in Carle Place, NY

Lee & Associates NYC arranges 23,600 s/f lease for Dept. of War

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Spotlight Content

2026 Ones To Watch - Rising Stars: Jordana Garellek, Nutter

Columns and Thought Leadership

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,

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