News: Brokerage

Rosengarten and Lesser of Garfield secure $2.875 million sale of 3,500 s/f mix-used building on 178 East 94th Street

Leslie J. Garfield & Co., Inc. secured the sale of 178 East 94th St. a two-story 3-unit mixed-use former carriage house with curb cut located on the South side of 94th St. between Lexington and Third Aves. The 3,500 s/f building sits on a lot-36'x25' with a two story addition built I 0' x 75' on the ground and I 0' x 45' on the second floor. The building is configured as a ground floor 2,200 s/f duplex professional space, a commercial space in the basement, and a 3-bedroom, 2-bath rental apartment on the second floor. The property sold for $2.875 million. This property was recently sold in November, 20 12 and the buyer made some upgrades and subsequently put the property back on the market. The buyer, a developer, plans to convert the property to a single-family home, expanding the usable square footage and creating an active garage. Lydia Rosengarten of Leslie J. Garfield & Co., Inc. exclusively represented the seller and the buyer was represented by Matthew Lesser of the same firm. The seller was represented by Susan Tuths, Esq., and the buyer by Steven Bing, Esq.
MORE FROM Brokerage

Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

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
The art of investing in real estate - by Thomas Donovan

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
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.