Michael Cervelli R.E. handles sale of 13-unit apartment building
Michael Cervelli of Michael Cervelli Real Estate has completed the sale of 292 Harrison Ave., a brick 13-unit apartment building. Located adjacent to a county park and not far from the Journal Sq. Path station, the building was sold to a local group looking to perform a condo conversion.
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.
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.
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
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