Sutton Real Estate closes $5.67 million in sales and leases 6,462 s/f; Includes $1.2 million sale of former Retreat by Feinberg
Sutton Real Estate completed the following sales totaling $5.67 million and 6,462 s/f in leases:
* Andrea Bucci brokered the sale of a Syracuse University Student Housing property for $425,000. The seller was Student Housing LLC and the buyer was SSJZ, LLC and financed by Empower FCU. Bucci also brokered the sale of an apartment building on Grolier Rd,. Syracuse for $595,000.
* Bart Feinberg brokered the $2.65 million purchase of 4616 Crossroads Parks, a 84,000 s/f storage and distribution facility located at 4616 Crossroads Park Dr., Liverpool to SEKO Worldwide.
* Feinberg brokered the sale of an office building located at 731 James St., Syracuse for $800,000. The seller of the property was James Street LP, California and the buyer was Hometown Communities, LLC, with financing provided by Empower FCU.
* The former Thornfield Retreat on Cazenovia Lake consisting of 37 acres with 750 feet of lake frontage was sold by the Episcopal Diocese of CNY for $1.2 million to be developed into condominiums. The sale of the property was brokered by Feinberg.
* Larry Socia represented Liberty Travel in their leasing of 2,112 s/f in Fayetteville Town Center and Joy Carpet in their leasing of 4,350 s/f in Glenn Crossing Plaza, Liverpool.
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.
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