Recent Commercial Real Estate Transactions
Recent Sale
$4.19 MILLION
223 Fifth Avenue (at President Street)
Brooklyn
Built in 1920, this five-story, 12,240-square-foot building in Park Slope has four retail spaces and 12 apartments: four four-bedroom, four three-bedroom and four one-bedroom. Eleven of the apartments and all of the commercial spaces are occupied. The building last changed hands 37 years ago.
Buyer: Prospect Acquisitions
Seller: Unipres
Broker: Jack Beida of Eastern Union
Recent Sale
$41.5 MILLION
975 Nostrand Avenue (between Montgomery Street and Empire Boulevard)
Brooklyn
This 59,633-square-foot, block-through property in Crown Heights includes 240 feet of frontage on Nostrand Avenue and 250 feet on Clove Road. The property has a one-story building, occupied by Associated Supermarkets. Built in 1970, it last changed hands in the 1970s.
Buyer: Hudson Companies
Seller: Midwood Investment & Development
Brokers: Daniel O’Brien, Adam Spies, Joshua King, Marcella Fasulo and Caroline Hodes of Cushman & Wakefield
For Sale
$100 MILLION
515 Broadway (between Spring and Broome Streets)
Manhattan
A 30,000-square-foot, block-through retail co-op is for sale in this SoHo building, which was built in 1884. The co-op, one of three in the building, has three floors — a ground floor, a lower level and a subbasement — and is occupied by the fast-fashion retailer H&M, which will be vacating in 2022.
Seller: 515 Bwy L.L.C.
Broker: Adelaide Polsinelli of Compass