News:
Brokerage
Posted: May 12, 2014
Goldflam, Ross and Weiss of Highcap Group broker $5.025 million sale
Larry Ross, Jeff Weiss and Josh Goldflam of Highcap Group arranged the $5.025 million off- market sale of 343 Sixth Ave. in Park Slope. This four-story, 11,500 s/f building with 95' of frontage consists of 7 three-bedroom apartments and one duplex. Located on the corner of 4th St. and 6th Ave., in one of the most desirable and affluent areas of the borough, this is the first sale in 10 years.
Ross said, "This well located property situated on a charming tree-lined block is a gem and with its oversized apartments is poised for condo conversion." Weiss said, "Park Slope continues to ascend to new heights as a hot spot for the affluent New Yorker seeking old world charm, mixed with hip coffee shops, restaurants and boutique stores, not to mention this neighborhood is great place to raise kids, with one of the top public schools in N.Y.C." Highcap Group represented both buyer and seller.
Tags:
Brokerage
MORE FROM Brokerage
SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
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,
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
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 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.
