News: Brokerage

Mordekhai of Forest Park Properties brokers two sales totaling $5.998 million

3586 Boston Road - Bronx, NY 3586 Boston Road - Bronx, NY

Bronx, NY According to Forest Park Properties, the firm has recently completed the following transactions:

Raymond Mordekhai, Forest Park Properties Raymond Mordekhai, Forest Park Properties

• 3586 Boston Rd.: Raymond Mordekhai of Forest Park Properties brokered the sale of this 11,000 s/f office building for $3 million. The buyer is a not-for-profit who intends to occupy the building.

• 365, 367, and 369 E. 28th Sts., in Brooklyn: Mordekhai represented both parties in this transaction. The sale price was $2.998 million. The property consists of 9 total residential units. The buildings were built in 2008.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.