News:
Brokerage
Posted: May 27, 2014
Jungreis and Kooris of Rosewood close $12 million three building sale
Aaron Jungreis of Rosewood Realty Group closed a $12 million sale of three contiguous buildings located at 199-205 30th St. in Sunset Park.
Jungreis represented the seller, Black Spruce Capital and Samuel Kooris of Rosewood represented the buyer, a private investor.
It sold for 13 times the rent roll. The three, four-story walk-up apartment buildings consist of 66 apartments.The 43,308 s/f (combined) buildings were all built in 1917.
Tags:
Brokerage
MORE FROM Brokerage
Dolce & Gabbana signs 21,000 s/f lease for New York headquarters at 551 Fifth Ave.
Manhattan, NY Dolce & Gabbana, an Italian fashion house, has signed a long-term, 21,000 s/f office lease at 551 Fifth Ave. for its New York headquarters,
Columns and Thought Leadership
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
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
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
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)