News:
Brokerage
Posted: November 21, 2017
Goldschmidt of Goldschmidt brokers sale of 32,000 s/f building in New Rochelle
New Rochelle, NY Eric Goldschmidt, senior partner of Goldschmidt & Associates has brokered the sale of 2 Birch St. Goldschmidt was the sole broker in the transaction.
Goldschmidt & Associates
The 32,000 s/f building on 1.5 acres of land is close to exit 15 of I-95. It features an 8,500 s/f, 30’ft.high freezer and three indoor loading docks. It was once a pasta manufacturing company and was for the past 12 years a warehouse for the seller’s granite and marble business. The future use is not known at this time.
According to Goldschmidt, the sales price was near the $3.595 million asking price.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap brokers $16.25 million sale of Ponce Bank flagship headquarters in the Bronx
Bronx, NY Marcus & Millichap negotiated the sale of a net-leased bank property occupied by Ponce Bank. The asset sold for $16.25 million. “This property drew tremendous interest as it was a
Columns and Thought Leadership
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.
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