Recent Commercial Real Estate Transactions

$4.25 MILLION

115 Congress Street (between Henry and Hicks Streets)

Brooklyn

Built in 1900, this 5,000-square-foot, four-story building in Cobble Hill has two three-bedroom apartments and two two-bedrooms, all of which are free market. The property, which last changed hands 26 years ago, was delivered vacant.

Buyer: The Minkoff Family

Seller: Maribel Figueredo

Brokers: Peter Von Der Ahe, Shaun Riney & Mike Salvatico of the NYM Group at Marcus & Millichap

$39/SQ. FT.

$67,470 approximate annual rent

1776 Boston Road (between East 174th Street and Hoe Avenue)

The Bronx

Dr. Rosemary Simo signed a 10-year lease for 1,730-square-feet space to open a medical practice in the eight-story High Hawk apartment building in Charlotte Gardens. The building has 72 apartments and 6,800 square feet of retail space. It was built in 2018.

Tenant: Dr. Rosemary Simo

Tenant’s Broker: Duley Paniagua of KZA Realty Group

Landlord: High Hawk Owners

Landlord’s Broker: Kathy Zamechansky of KZA Realty Group

$21 MILLION

34 East 61st Street (between Madison and Park Avenues)

Manhattan

This five-story, 7,924-square-foot building in Lenox Hill includes two retail floors, a finished cellar and three apartments. Previous tenants included the French furniture designer Liaigre, which owns the building, and the restaurant Aureole. The property is 21 feet wide.

Seller: Liaigre

Broker: Catherine Godbille-Koechlin of Douglas Elliman

$6.1 MILLION

140 Mulberry Street (between Grand and Hester Streets)

Manhattan

This property in Little Italy includes a front and rear building, both built in 1900. The front building is five stories and has one retail unit and eight apartments, while the rear building is four stories with four apartments. It is 8,500 square feet, with 2,900 square feet of available air rights. The apartments will be delivered vacant.

Seller: F.M.J. Rizzo

Brokers: Matt Fotis and Colton Traynham of Marcus & Millichap

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