Edan and Ofer Cohen of Itzhaki Properties broker $5.3 million sale of mixed-use building; St. Marks Place has 16 apartments and a ground-floor Pinkberry
According to Itzhaki Properties, 24 St. Mark's Place has a new landlord. The East Village, six-story mixed-use walk-up apartment building, built 12,374 s/f traded for $5.3 million which represented a 12 gross rent multiple.
The property consists of 16 apartments and one ground-floor retail unit, occupied by Pinkberry. Itzhaki Properties was the sole broker in the transaction. Itzhaki's Edan Cohen represented the buyer (a private investor) and Ofer Cohen represented the seller.
Itzhaki is a full-service commercial investment brokerage firm that provides comprehensive and innovative real estate solutions to investors, property owners, and corps. world-wide.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing