News: Brokerage

Hanson of Massey Knakal handles $580,000 sale

A multifamily building at 2869 West 17th St., located between Neptune and Mermaid Aves. in Coney Island, was sold in an all cash transaction valued at $580,000. The three-story building is 4,500 s/f and sits on a 20' x 119' lot. The building consists of two three-bedroom units, three two-bedroom units and one single-bedroom unit. Massey Knakal director of sales Brian Hanson exclusively handled this transaction. "The buyer is a local investor with experience in renovation and property management," said Hanson. Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,000 transactions having a market value in excess of $14 billion.
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A fresh start - by Shallini Mehra and Amit Doshi

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
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
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

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Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

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