News: Brokerage

Friedman-Roth completed three sales totaling $11 million–includes $6.5 million deal by Lupo and Niblock of Friedman-Roth

Michael Guarino,
Friedman-Roth Realty Services

 

Eric Lupo,
Friedman-Roth Realty Services

 

George Niblock,
Friedman-Roth Realty Services

 

Mark Singer,
Friedman-Roth Realty Services

 

Queens, NY Friedman-Roth Realty Services has completed three sales totaling $11 million. The sales include the following:

• Friedman-Roth completed the sale of a commercial building located at 6710 Myrtle Ave.. The building, located in the Glendale section of the borough, is a two-story commercial building with an elevator. The property contains a total of 18,700 s/f with 75 feet of frontage and features several upgrades to the property. The selling price was $3.5 million. Michael Guarino represented both the buyer and the seller in this transaction.

• Friedman-Roth handled the sale of an Upper Eastside apartment building located at 420 East 78th St. The four-story building, situated between First Ave. and York Ave., contains 17 residential units and was fully occupied at closing. The selling price was $6.5 million. Eric Lupo represented the seller while the purchaser was procured by George Niblock. 

• Friedman-Roth completed the sale of a mixed-use Bronx property located at 4415 Third Ave. The three-story building, located between East 181st St. and East 182nd St., contains 6 apartments and one store. The property sold for $1 million. Mark Singer represented both the buyer and seller.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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,
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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.