News:
Brokerage
Posted: November 26, 2007
Zborovsky of Mark Zborovsky & Co. sells 15 sponsor units for $3m
Mark Zborovsky & Co, Inc., has closed on a bulk sale of 15 unsold sponsor units in the building located at 45-53 Cabrini Blvd. in Washington Heights.
Mark Zborovsky said, "The building is in excellent condition, in excellent location, and with beautiful views of Hudson River and George Washington Bridge."
Zborovsky said, "14 apartments in the block are occupied by Rent Stabilized tenants, but 1 unit is huge and vacant."
The block's selling price of close to $3 million is equivalent to app. 38% of the block's vacant market value.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap releases fourth-quarter 2026 NYC industrial market report
Manhattan, NY Marcus & Millichap has published its fourth-quarter 2026 New York City Industrial Market Report. “New York City’s industrial market is showing a clear
Columns and Thought Leadership
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
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.
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
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
.gif)