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    Recent Commercial Real Estate Transactions


    $12.5 MILLION

    161-165 East 179th Street (between Grand Concourse and Creston Avenue)

    The Bronx

    This 93,400-square-foot building in the Mount Hope neighborhood was built in 1939. It has 84 apartments: 10 studios and 54 one-bedroom, 18 two-bedroom and two three-bedroom units.

    Buyer: V&S 179

    Seller: The Morgan Group

    Broker: Aaron Jungreis of Rosewood Realty Group

    $2.94 MILLION

    30-90 14th Street (between 30th Drive and 31st Avenue)

    Queens

    This 11,830-square-foot, four-story building in Astoria has 18 rent-stabilized, two-bedroom apartments, including a basement apartment. The property was built in 1907 and was last sold in February 2016.

    Buyer: Dom Casamento

    Seller: Freddy Torres

    Brokers: Max Belinsky, Dimitri Kapelonis, Constantinos Kapelonis, Austin Roche of BKR Real Estate Group

    $62/SQ. FT.

    $130,200 approximate annual rent

    530 Seventh Avenue (at West 39th Street)

    Manhattan

    Hickory Lane, a capital management firm, signed a three-year lease for a 2,100-square-foot space on the seventh floor of this 30-story building in the garment district. The space will be the firm’s headquarters. The building was built in 1930.

    Tenant: Hickory Lane Capital Management

    Tenant’s Broker: Christina Combias of Voro Real Estate

    Landlord: Savitt Partners

    Landlord’s Brokers: Brian Neugeboren, Nicole Goetz and Alicia Parente of Savitt Partners

    $1.3 MILLION

    476 Utica Avenue (at Maple Street)

    Brooklyn

    This single-story industrial building in East Flatbush has 2,930 square feet of space and 17-foot ceilings. The owner’s auto repair shop previously occupied the building, which last changed hands in May 1990.

    Seller: Ernest Pierre-Louis

    Brokers: Dan Marks and Robert Finnerty of TerraCRG



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