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Recent Commercial Real Estate Transactions

$2 MILLION

50-12 46th Street (between the Brooklyn-Queens Expressway and 50th Avenue)

Queens

Built in 1929, this 12,800-square-foot, four-story apartment building in Woodside last changed hands more than 25 years ago. The building contains 13 one-bedrooms, three two-bedrooms and one three-bedrooms. Three apartments were delivered vacant.

Buyer: East Colonial

Seller: 50-12 46th Street

Brokers: Peter Von Der Ahe, Shaun Riney, Dylan Walsh and Jacob Kahn of the NYM Group at Marcus & Millichap

$11.5 MILLION

2055 Anthony Avenue (between East Burnside Avenue and East 180th Street)

The Bronx

This 74,580-square-foot, six-story elevator building in the West Bronx was built in 1920. It has 80 apartments, all rent stabilized: 13 studios, 49 one-bedrooms, 17 four-bedrooms and a superintendent’s unit. The building was last sold in 2012.

Buyer: V&S 2055

Seller: The Morgan Group

Broker: Aaron Jungreis of Rosewood Realty Group

$113 MILLION

576 Fifth Avenue (at West 47th Street)

Manhattan

This 78,564-square-foot, 12-story building in Midtown is on the market for the first time in more than 40 years. The ground floor, mezzanine and lower level are retail space; above them are 10 floors of office space and a penthouse. The property also includes 18,263 square feet of air rights available for commercial use.

Seller: Severn Realty Partners

Brokers: Paul Massey, Zachary Redding and Daniel O’Mahony of B6 Real Estate Advisors

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