News: Brokerage

Eastern Consolidated selected to market Central Harlem mixed-use building at 2866 Frederick Douglass Boulevard

Eastern Consolidated has been selected as the exclusive agent to sell a six-story, mixed-use corner building at 2866 Frederick Douglass Boulevard, aka 270 West 153rd Street, in Central Harlem. Eastern brokers Jonathan Schwartz, associate director, Gabriel Saffioti, director, and Nicole Rabinowitsch, director, are marketing the property. Chris Matousek, director, is the analyst for the project. The 17,750 s/f walk-up apartment building features two occupied and two vacant retail spaces on the ground floor, and 25 apartments, of which more than half are free market. The building benefits from over 37 feet of frontage on Frederick Douglass Boulevard and an additional 100 feet of frontage along West 153rd Street. "This mixed-use building offers tremendous upside from both its residential and retail spaces," Schwartz said. "It's ideally located near the subways at the 145th, 148th, and 155th Street stations as well as national retailers such as Starbucks and Pathmark on the 145th Street retail corridor." Midtown Manhattan is a short commute away on the A, B, C, D, and 3 trains, and the M10 bus line, which runs along Frederick Douglass Boulevard and Central Park West to Columbus Circle.
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
A fresh start - by Shallini Mehra and Amit Doshi

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

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,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,