News:
Brokerage
Posted: May 3, 2016
Raff and Schwartz of Alpha Realty collaborate to sell West Village Building for $9.9 million
Glenn Raff, Alpha Realty
82 Christopher Streeet - Manhattan, NY
Scott Schwartz, Alpha Realty
Manhattan, NY Alpha Realty has completed the sale of 82 Christopher St. in the West Village for $9.9 million.
Managing partner Glenn Raff represented the purchaser while Alpha Realty’s Scott Schwartz represented the overseas seller. The deal achieved a selling price over $1,500 per s/f, above average for this area.
According to Schwartz, “This is a beautiful building in an incredible location, a great addition to any buyer’s portfolio. As you can imagine, there was a lot of interest in a building with so much potential.”
Raff said, “The building has been on and off the market but in this environment we knew right away the building would generate enormous interest, in such a prime location.”
Tags:
Brokerage
MORE FROM Brokerage
Bestreich, Reynolds, Davila, and Flaherty of Investment Property Realty Group close $1.97 million sale of 343A Tompkins Ave. in Bed-Stuy
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 343A Tompkins Ave., a mixed-use building located in the Bed-Stuy section of the borough, for $1.97 million.
Quick Hits
Columns and Thought Leadership
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
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
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.
.gif)