News: Brokerage

Hemisphere Holdings handles $3.4 million sale of 60-unit complex

 

 

Liverpool, NY Hemisphere Holdings Corp. handled the sale of The Onondaga Lake Townhomes, located at  151-159 Old Liverpool Rd.

This fully leased complex closed above asking price, at $3.4 million.                  

Onondaga Lake Townhomes, L.P. sold the 60-unit complex to Estate Townhouses, LLC. Richard Will, president of  Hemisphere Holdings was the broker.

The subject overlooks Onondaga Lake and is two minutes from DestiNY USA mall.

Hemisphere also brokered the previous sale of this property back in 1994. Specialists in multifamily brokerage, Hemisphere provides apartment brokerage services throughout upstate New York.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,