Dario and Rufrano of Kalmon Dolgin arrange $1.7 million sale of retail condo unit

According to Kalmon and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged the sale of a 4,977 s/f retail condominium unit at 500 4th Ave., a new, 12-story residential development in the Park Slope section for $1.74 million. KDA brokers James Dario, Jr. and Fred Rufrano represented the buyer, David Dosik, M.D., and the seller, Park Slope Group. Dr. Dosik, who specializes in internal medicine, will use this space for Hematology & Oncology. The property at 500 4th Ave. is a 156-unit residential property with three retail units that are new to the market. Last year, Messrs. Dario and Rufrano negotiated the $825,000 sale of one of the units to Sunflower Day Care, a day care provider. The building offers doorman service and on-site parking. Before its conversion for residential use, the property served as a warehouse for a beer distributor. 500 4th Ave. is located on 4th Ave. at 13th St. It is close to the R subway line, and is convenient to the Gowanus and Prospect Expressways.

Tags: Brokerage

Reprint

Previous Story Next Story

Williams Equities leases 100,000 s/f at 470 Park Avenue South

Manhattan, NY Williams Equities leased 100,000 s/f of office and retail space at 470 Park Avenue South since acquiring the building 18 months ago.

AEBOV Commercial Real Estate Brokerage sells 9,000 s/f parking lot at 616-622 Courtlandt Ave. for $3.45 million

AEBOV sells 9,000 s/f parking lot in the Bronx for $3.45m

SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds

NYREJ 2026 Ones to Watch: Innovators in Commercial Real Estate Participation Options

Lee & Associates NYC arranges Fred Astaire Dance Studios’ New Park Slope location at 508 Fifth Ave.

Lee & Assocs. NYC arranges Fred Astaire Dance Studios’ at 508 Fifth Ave.

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Movers & Milestones

Mansbach joins G.S. Wilcox & Co. as vice president

Columns and Thought Leadership

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,

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

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

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.