News:
Brokerage
Posted: January 9, 2018
Cignature Realty closes two deals in Manhattan totaling $10.8 million; Vanderpool collaborates with Teichman in $5.8 million sale
Manhattan, NY Cignature Realty has closed the following transactions:
• A $5.8 million sale of a five-story multifamily walk-up building with 10 residential apartments and two retail stores in Manhattan Valley. The 9,105 s/f building, at 926 Amsterdam Ave., between West 105th and West 106th Sts. The 1925 building houses the Latino Express Travel and Sammy’s Barber Shop on the street level. Cignature’s Elan Teichman represented the seller, the Orbach Group LLC and Peter Vanderpool represented the buyer, 926 Realty.
Cignature Realty
Cignature Realty
• A $5 million sale of a five-story corner multifamily walk-up building with 12 apartments and one store in East Harlem. The 11,355 s/f building at 1675 Lexington Ave., was built in 1930. Cignature’s Peter Vanderpool represented the buyer, a local private investor and Christopher Skitch represented the seller, 153 Realty Corp. The deal closed on Dec. 6th, 2017.
Cignature Realty is a commercial real estate brokerage company located in New York City. The Company, a leader in Manhattan multifamily and mixed-use apartment building sales, provides unparalleled deal execution supported by exceptional market intelligence for a broad range of real estate investors, from single-property owners to institutional and private equity funds.
Tags:
Brokerage
MORE FROM Brokerage
Investment Property Realty Group closes $2.65 million sale of 723 6th Ave. in Greenwood Heights
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 723 6th Ave., a mixed-use building located in the Greenwood Heights section of the city, for $2.65 million.
Quick Hits
 (2).gif)
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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
Artificial intelligence in lending - by Lindsay Mesh Lotito
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,
.gif)
August Promotion
