Friedman-Roth Realty Services broker the sale of 405 W 45th St.

Manhattan, NY Jim Mann and Wells Newell of Friedman-Roth Realty Services have brokered the sale of 405 West 45th St. The building has 30 apartments with 20 free market and 10 rent stabilized units. The deal closed at a price of $8.5 million or $400 per s/f, with an approximate 6% cap rate and a gross rent multiple of 10. The seller purchased the property in 1998 and the purchaser is a long time client of the brokers.

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Investment Property Realty Group closes $2.175 million sale of 247 Leonard St.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175

GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

GFP continues leasing momentum at 322 Eighth Ave.

Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

Zimmet Law signs 5,476 s/f lease at GFP’s 515 Madison Ave.

1122 Madison Avenue inks $21.175 million contract

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

Rudin secures lease with JAMS at the top of 3 Times Square

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Investment Property Realty Group sells 445 East 78th St. for $5.2 million

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