News: Brokerage

Massey Knakal Realty Services brokers five sales totaling $17.211m

Massey Knakal Realty Services (MK) has completed the sale of five properties totaling $17.211 million. The transactions include the following: * The $5.35 million sale of a 3,485 s/f property with two floors of retail and two floors of apartments at 1049 Lexington Ave. MK broker Guthrie Garvin represented the seller. MK and Cathy Franklin of Brown Harris Stevens were the brokers. * The $4.3 million sale of a five-story townhouse at 312 West 88th St. The building is configured as 10 rental apartments. The property contains 6,090 s/f. MK broker Meyrick Ferguson, represented the seller. * The $4.25 million sale of a residential development site with a footprint of 12,500 s/f at 88-96 Withers St. in the Williamsburg section of Brooklyn. The property is fully built with three vacant warehouse buildings in an MX (M1-2/R6) zone, allowing for residential development. The property contains 29,936 buildable s/f. MK broker Mark Lively represented the seller. * The $2.5 million sale of a three-story, 14,226 s/f mixed-use building at 133 Hillside Place, Eastchester. MK managing director/partners Marco Lala and James Nelson represented the seller. * The $811,000 sale of a 75-ft. wide industrial development property at 57-29 58th St. in the Maspeth section of Queens. The property has a total footprint of 7,500 buildable s/f. Located in an M1-1D zone, the property was sold to a Queens developer who plans to erect a small warehouse on the space. MK broker John Falco, represented the seller.
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