New York Real Estate Journal

Sioni & Partners awarded three exclusive agencies in Manhattan and Bronx

April 9, 2012 - Spotlight Content
According to Sioni & Partners has been named the exclusive brokers for the following properties: * 179 East 94th St., located on the Upper East Side of Manhattan. The property is a four-story walk-up residential building containing 3,616 s/f. Tone on Lex is a very lucrative owner managed hostel business currently operating inside the premises utilizing 15 rooms. The property has an additional 6 SRO single room units, having a total of 21 single room units. With additional buildable FAR available, this property has great future development/conversion potential. Moses Sioni, managing director and Yaron Cohen, senior associate, are exclusively handling the assignment on behalf of the owner. * 310 West 20th St., located in the Manhattan neighbourhood of Chelsea. The property is a four-story walk-up apartment building and has 5,238 s/f. The building features 34 SRO units, 28 are free market and seven are long term tenants. The asset has future development/conversion potential. Sioni is exclusively handling the assignment on behalf of the owner. * 515 West 236th St., located in the Riverdale neighborhood in the Bronx. The property is a four-story walk-up apartment building containing 7,280 s/f. The building has 8 units and a rear parking garage. The asset has potential upside in the residential income. Sioni and Joe McLaughlin, sales associate at Sioni & Partners is exclusively handling the assignment on behalf of the owner.