Saperston Real Estate arranges $2.5 million sale of 93,000 s/f retail and warehouse space; completed by H. Saperston / Cowing of Pyramid Brokerage
Saperston Real Estate Corp. have arranged the sale of a 93,000 s/f retail and warehouse building at 1888 Niagara Falls Blvd. at the Youngmann Expresssway ramp. The sale price was $2.5 million. The property was the former Weinheimers Co., a distributer of appliances and was sold by Weinheimers former owner, Alan Bagley, to Alan 8182 LLC. The three tenants, Carpet Smart, Extreme Discount Mattress and a warehouse operation by Brooks & Whittle will remain on long-term leases. The purchaser is a local investor who owns other warehouse properties in Tonawanda and Amherst.
Howard Saperston, Jr., SIOR chairman of Saperston Real Estate and Rob Cowing of Pyramid Brokerage were the brokers.
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.
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