RECENT SALE
$9.6 MILLION
2474 Valentine Avenue (between East Fordham Road and East 188th Street)
The Bronx
This five-story walk-up in the Fordham Heights neighborhood was built in 1925 and has 54 apartments. One is a studio, 31 are one-bedrooms, 13 are two-bedrooms, eight are three-bedrooms and one is a four-bedroom unit. The selling price is more than 11 times the total rent roll. All of the apartments are rent stabilized.
Buyer: 2474 Valentine
Seller: 2474 Valentine Realty
Broker: Aaron Jungreis of Rosewood Realty Group
RECENT LEASE
$45/SQ. FT.
$234,540 approximate annual rent
212 West 35th Street (between Seventh and Eighth Avenues)
Manhattan
The Egami Group, a marketing and communications agency, will move its headquarters 10 blocks north, to the 10th floor of a 16-story building in the garment district. The total space is 5,212 square feet, and the company signed a six-year lease. The building, constructed in 1924, is near Pennsylvania Station, and its owners plan to customize the space for their new tenant.
Tenant: The Egami Group
Tenant’s Brokers: Michale Gouygadosh and Abe Bose of Norman Bobrow
Landlord: The Kaufman Organization
Landlord’s Broker: Sam Stein of the Kaufman Organization
FOR SALE
$17.995 MILLION
17 Prince Street (at Elizabeth Street)
Manhattan
This six-story walk-up in SoHo has 15 apartments and two commercial spaces. One of the commercial tenants is Café Habana, a neighborhood staple for Cuban and Mexican cuisine. The apartments are a mix of studios and one-bedrooms, and six are rent stabilized. The building is fully occupied.
Seller: 17 Prince
Brokers: John Florek and Jon Schwartz of Hakimian Properties