Recent Commercial Real Estate Transactions

$28 MILLION

9 St. Marks Place (between Second and Third Avenues)

Manhattan

This five-story 1830 building last changed hands more than 50 years ago. It has around 6,500 square feet of retail space on the ground and second floors, and all three retail units are occupied. Each of the top three floors has a floor-through apartment that is designed as a live-work space.

Seller: 9 St. Marks Pl.

Brokers: Jason Haber and Nicole Durosko of Warburg

Image
Hudson Pro Orthopaedics and Sports Medicine will open an office on the fifth floor at 143 West 29th Street in the Chelsea neighborhood of Manhattan.CreditRudder Property Group

$3.925 MILLION

143 West 29th Street (between Avenue of the Americas and Seventh Avenue)

Manhattan

Dr. Imran Ashraf is opening an office for his practice with Hudson Pro Orthopaedics and Sports Medicine on the fifth floor of this Chelsea office building. The practice has other locations in New Jersey and on the East Side of Manhattan, but the 29th Street location will serve as the main office for patient consultations starting no later than early 2020.

Buyer: Dr. Imran Ashraf

Buyer’s Broker: Greg Garber

Seller: Nathan Nathan and Intimo

Seller’s Brokers: Michael Rudder and Michael Heller of Rudder Property Group

$4.45 MILLION

81-30 Baxter Avenue (at Judge Street)

Queens

This 11,900-square-foot building was previously a rehabilitation clinic associated with Elmhurst Hospital Center. The buyer has not yet disclosed his plans for the property. The lot is very close to the 82nd Street commercial corridor in Elmhurst and near the Jackson Heights commercial district. It has an additional 3,100 square feet of air rights.

Buyer: Dan Rabin

Seller: The Shnay Family

Brokers: Stephen R. Preuss and Kevin Louie of Cushman and Wakefield

Source link