Shmaruk and Sherman of The Manhattes Group broker $15 million sale; Stravitz and Aires of BIOC Commercial rep buyer

The Manhattes Group has closed on the sale of a 28,600 s/f commercial building at 438 West 51st St., between 9th and 10th Aves. The five-story building with 60 ft. of frontage was owner-occupied for many years by a record storage company. The property which entered contract in 2013 was sold to a New Jersey investor. The sale price was $15 million. Alan Shmaruk and Michael Sherman of the SoHo-based Manhattes Group represented the seller, 438 W 51st St. Group. The purchaser was represented by Jonathan Stravitz and John Aires of BIOC Commercial Real Estate.

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Reynolds, Davila and Loch of Investment Property Realty Group close $3.735 million sale of 216, 218, 220 East 179th St.

Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 216, 218, 220 East 179th St., a development site located in the Mount Hope section of the city, for $3.735 million.

Investment Property Realty Group closes $2.9 million sale of 42 Richardson St.

IPRG closes $2.9m sale of 42 Richardson St.

Investment Property Realty Group closes $9.4 million sale of 73 Warren St.

IPRG closes $9.4m sale of 73 Warren St.

Investment Property Realty Group closes $1.7 million sale of 491 East 166th St.

IPRG closes $1.7m sale of 491 East 166th St.

Investment Property Realty Group closes $3 million sale of 4,350 s/f mixed-use building at 709 Fulton St.

IPRG closes $3m sale of mixed-use building at 709 Fulton St.

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