RECENT SALE
$5.7 MILLION
162 Montague Street (between Clinton and Henry Streets)
Brooklyn
Built in 1900, this mixed-use building in Brooklyn Heights has 7,115 total square feet, with an additional 20,000 square feet of air rights. The property has two retail tenants, which will remain in the space; vacant office space on the second floor; and unoccupied residential units on the third, fourth and fifth floors, which are not rent stabilized. The building also has a basement.
Buyer: Conway Capital
Sellers: Albin and Linda Javarone
Brokers: Robert Hebron IV and Rob Hebron V
RECENT LEASE
$65/SQ. FT.
$4.59 million/year
360 Madison Avenue (between East 45th and East 46th Streets)
Manhattan
The Carlton Group, an international real estate investment banking firm based in New York, signed a five-year lease for a 5,894-square-foot office space in Midtown Manhattan, with a five-year extension option. The firm will rent a portion of the third floor. The 26-story building was built in 1917, and was gutted and rebuilt in 2002.
Tenant: The Carlton Group
Tenant’s Brokers: Peter Goldich and William Carr of Atco Brokerage Services
Landlord: Stawski Partners
Landlord’s Brokers: Ed Goldman and Jared London of CBRE
FOR SALE
$10.75 MILLION
36 Walker Street (between Church Street and Broadway)
Manhattan
This six-story, 1915 commercial building in Tribeca has 8,600 square feet, including a basement, and an additional 2,736 square feet in unused air rights. One commercial tenant occupies the building, but the property will be delivered vacant. The building can be developed for commercial or residential use, and there are no residential rent regulations.
Seller: 36 Walker Street Properties
Broker: Barbara Dansker of Marcus & Millichap