Yonkers, NY ERG Commercial Real Estate has brokered the sale of a 16-unit multifamily building for $2.3 million. The four-story fully rent stabilized building at 15 Locust Hill Ave., is 12,544 s/f. It was built in 1927.
Long Island City, NY Over the course of several years, Avison Young’s tri-state debt & equity finance team has closed $1 billion in financing for 5Pointz, a 1,122-unit multi-family development. There were three financing phases: first, a $300 million construction loan;
Manhattan, NY Clarion Partners, LaSalle Investment Management, and Banyan Street Capital made known that City Year, Inc. and One Clipboard Inc. (dba Splash) are relocating to new pre-built units at 180 Maiden Ln., while current tenants Cover Whale and Royal Funding Group
Westbury, NY Samanea New York welcomes Beyond Monet: The Immersive Experience, showcasing more than 400 of Monet’s most iconic works of impressionism. Produced by Paquin Entertainment Group, Beyond Monet: The Immersive Experience will be located in the same
Spring Valley, NY Hudson Valley Property Group (HVPG) completed a $47 million preservation and renovation project at two properties: Lakeview Village, a 144-unit senior housing property, and Highview Apartments, a 76-unit family housing property.
Ronkonkoma, NY Tap Room, the bar and restaurant has leased 5,644 s/f at TRITEC Real Estate Company’s Station Yards project. A team from Colliers represented the landlord, including Maria Valanzano, Steve D’Orazio, and Jake Horowitz.
Brooklyn, NY Marcus & Millichap negotiated the sale of a retail center. The asset sold for $11.7 million. “It is rare to be able to purchase a new construction, 100% occupied shopping center in Brooklyn,” said Scott Plasky. “Even in a somewhat
Bronx, NY Rosewood Realty Group and GFI have brokered the $5.25 million sale of a six-story elevator multifamily building with 53 apartments. The building, 4030 Bronx Blvd. (between East 226
th and East 228
th St.) totals 50,338 s/f. The multifamily was
Farmingdale, NY NAI Long Island director Marian Campi-Conde negotiated a five-year lease at 24 Central Dr. on behalf of Tech Network. The landlord at 24 Central Dr. was represented by Leonard Gold of Finch Realty.
Brooklyn, NY Walker & Dunlop, Inc. arranged a $35.6 million loan to facilitate the refinance of a scattered site, sponsored by Grower Housing Development Fund Corp. The Section 8 affordable apartment portfolio comprises of 251 units, spanning eight buildings
