News:
Brokerage
Posted: March 26, 2012
Efrati of Entrepreneur Properties brokers $3.9 million sale of 30-unit elevator building; Represents both seller, Mann Realty, and buyer, Zalman Management
Entrepreneur Properties has completed the $3.9 million sale of 2-4 St. Nicholas Place in West Harlem.
This landmarked, 30-unit, six-story elevator building consists of two and three-bedroom apartments that are below market value.
Both the seller, Mann Realty Associates, and the purchaser, Zalman Management, were represented by Ami Efrati, president of Entrepreneur Properties.
This sale marks the fourth commercial property Entrepreneur Properties has sold since it opened for business in September 2011.
Tags:
Brokerage
MORE FROM Brokerage
JLL Capital Markets arranges the sale and secures the financing for Jefferson Valley Self Storage facility sale to Horizon Storage Group
Jefferson Valley, NY JLL Capital Markets arranged the sale and facilitated the financing for Jefferson Valley Self Storage, a 405-unit self-storage facility.
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.