News:
Brokerage
Posted: August 21, 2018
Gallishaw of Highcap Group appointed exclusive agent of interest in 217-219-221 Madison Street
NEW YORK, NY Ty Gallishaw of Highcap Group has been appointed as the exclusive agent to sell the 100% fee interest in 217-219-221 Madison St. The property is a three building package with 60 apartments and 5 stores, located in the Two Bridges section of the Lower East Side. The buildings consist of approximately 31,000 s/f with 78’ of frontage and a mix of two and three bedroom apartments. This is the first sale in over 20 years and is a great opportunity for an investor to acquire a unique asset in one of the busiest neighborhoods of downtown Manhattan with below market rents and considerable upside.
Gallishaw said, "The property is ideally located just one block from the F train and is near One Manhattan Square, an 800’ tall modern glass condominium tower on the waterfront."
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn
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.
 (2).gif)
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler
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
A guide to finding the right NYC property management company - by Sanjay Gandhi
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 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: 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
.gif)
September Promotion
