News: Brokerage

Masskey Knakal Realty Services completes two sales totaling $17.031m

Massey Knakal Realty Services (MK) has completed two sales totaling $17.031 million. The deals include: * The $8.581 million sale of a 40-family, vacant apartment building at 2460 Belmont Ave. in the Bronx. The 72' x 100' newly constructed property is vacant. The building contains 45,000 s/f and includes video intercom phones, a full sprinkler system and is fully abated for 25 years. It was sold to a private investor from Long Island. MK partner/managing director Marco Lala represented the seller. MK was the sole broker. * The $8.45 million sale of a mixed-use, walk-up apartment building with two retail units at 9 Christopher St. in Manhattan's Greenwich Village. In addition to the ground floor retail units there are 13 apartments, two of which are vacant. The remainder are a mix of rent stabilized and free market units. The property contains 13,710 s/f. The property was sold to a Manhattan investor. MK partner/managing director James Nelson represented the seller. MK was the sole broker.
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