News: Brokerage

Falco Isak Realty Services completes $15.5 million sale

Rubin Isak, CEO/co-founder and Alex Isak, director of sales for the Upper West Side of Falco Isak Realty Services, an investment sales firm, has just exclusively sold three, 10-unit walk-up townhomes on West 76th St. between West End Ave. and Riverside Dr. in the Upper West Side neighborhood of the borough. The portfolio traded for $15.5 million in an all-cash transaction. 303, 329 & 331 West 76th St., aka, "The West 76th Street Portfolio" is comprised of three walk-up row houses, which total 30 residential units and 17,141 s/f. The portfolio consisted of 20 free market units and 10 rent stabilized units. The sellers owned the buildings for over 45 years. The buyers are private investors based in the Upper West Side. The sellers' counsel was Belkin Burden Wenig & Goldman, LLP and the purchasers' counsel was Donovan LLP.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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.
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for