Category: Brokerage

New York, NY Juniper Capital Group arranged four loans totaling $26.8 million across four states. Classic American, a 150-unit rental garden apartment style multifamily complex in Syracuse, New York received a $6 million cash-out refinance 10-year loan that features a two-year interest-only period.

Bronx, NY Besen & Associates completed the sale of 2507-2513 East Tremont Ave., located between Hone Ave. and Lurting Ave. in the Westchester Sq. neighborhood. This property sold for $1.034 million which translates to $275 per s/f. Ron Cohen of Besen exclusively represented the seller and procured the purchaser.

Brooklyn, NY Bestreich Realty Group (BRG) has completed the sale of 331 Keap St. in the Williamsburg neighborhood for $15.5 million.  This 36-unit multifamily unit is 21,740 s/f priced at $713 per s/f. The sellers were Terrence Lowenberg and Todd Cohen and the buyer was Soonbin Kim from West 8th Street Associates. The brokers who facilitated this transaction was Derek Bestreich, Luke Sproviero, Donal Flaherty, and Hakeem Lecky.

Manhattan, NY According to Friedman Roth Realty Services, they have completed the sale of an East Village mixed-use building located at 24 Ave. A. This is the first sale of the building in 30 years. The sale price was $15.8 million.     The six-story corner property, with an aka address of 150 East 2nd St., features 20 apartments, five retail stores and a rooftop antenna.

Bronx, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold 215 East 197th St., a multifamily property in the Bedford Park neighborhood for $8.6 million.

Manhattan, NY SCG Retail, a division of The Shopping Center Group, has expanded their tenant and landlord representation with two new hires, Nick Masson and Nick Wray. 

Albany, NY Governor Andrew Cuomo has launched the $30 million “Buildings of Excellence” Competition to advance the design, construction and operation of low- or zero-carbon emitting buildings that also provide comfortable, healthy and affordable living and working spaces.

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