News:
Brokerage
Posted: January 23, 2018
Stimler of Greysteel handles $35.45 million sale of 78-unit, three-property Park Slope portfolio
Brooklyn, NY Greysteel, a national commercial real estate investment services firm, has arranged the sale of 181-182 Prospect Park West and 409 14th St., located in Park Slope. Representing the buyer, an institutional investor, and the seller, a private investor, the transaction was negotiated by Greysteel senior investment associate, Michael Stimler from the firm’s New York office. The 78-unit, three-property portfolio sold for $35.45 million.
181-182 Prospect Park West, built in 1921, consists of 34 units across two buildings and 409 14th St., built in 1920, consists of 44 units.
Greysteel is a commercial real estate and capital markets services firm. They serve and advise private and institutional real estate investors and developers in the marketing, sale, and financing of private capital and middle-market real estate assets.
Greysteel has 11 offices located in New York; Los Angeles; Dallas; Fort Worth; Washington, D.C.; Philadelphia; Phoenix; Denver; Baltimore and Norfolk, VA.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn
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.
Quick Hits
 (2).gif)
Columns and Thought Leadership
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
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
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
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
.gif)
September Promotion
