Frank and Michael Rao of NYCRG broker three leases totaling 18,650 s/f; Also completes the $1 million sale of a 6,400 s/f office building
Frank and Michael Rao of New York Commercial Real Estate Group (NYCRG) have completed three leases totaling 18,650 s/f and a $1 million sale. The deals include:
* 800 Westchester Ave., Rye Brook: NYCRG represented the tenant, Precision Valve Corp,. in a long-term office lease for 7,250 s/f. The landlord was represented by Cushman & Wakefield.
* 56 Harrison St., New Rochelle: NYCRG represented the tenant, The Wartburg Group, in an office lease for 4,000 s/f and was the sole broker.
* 75 Calvert St., Harrison: NYCRG represented the tenant, Interstate Fire & Safety, in a long-term flex lease for 7,400 s/f. Scott Benson of Benson Commercial Realty represented the landlord.
* 109 Spencer Pl., Mamaroneck: NYCRG represented the buyer in all-cash transaction for $1 million. The property is a 6,400 s/f office building. The seller was represented by Gerry Houlihan of Houlihan O'Malley.
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.
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