News: Brokerage

Massey Knakal Realty Services closes two deals totaling $2.725m

Massey Knakal Realty Services recently completed two sales valued at $2.725 million. In the first deal, Massey Kankal sold a four-family building at the front of the lot and a two-family building in the rear on 417 Grand St. in Williamsburg. The all-cash transaction was valued at $1.65 million. The 25 ft. wide properties are located on the north side of Grand St. Both buildings were delivered fully occupied with leases expiring at the end of October. They contain 5,800 s/f. Massey Knakal broker Mark Lively represented the seller. Massey Knakal and Nick Arnold of Corcoran were the brokers. The second deal was the sale of a 16 ft. wide brownstone with six studios and one commercial space at 452 West 145th St. in the Hamilton Heights Historic District by Massey Knakal. The all-cash transaction was valued at $1.075 million. The three-story plus ground level property is located on the south side of West 145th St. It contains 3,328 s/f. Massey Knakal broker Patrick O'Malley represented the seller. Massey Knakal was the sole broker.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler

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
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.
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
A guide to finding the right NYC property management company - by Sanjay Gandhi

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