- Two contiguous development opportunities consisting of 55,420 buildable square feet in total.
- Properties have rezone done and had phase one completed.
- Properties will be delivered vacant.
- Price ~ $51,100,000
Investment Sales of Off Market Properties
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- Retail building with tremendous re-development opportunity in prime Jamaica, Queens.
- Tenants have license agreements in place to vacate upon a 30-day notice.
- Property is located near Parsons Boulevard [E,F] Train Station.
- Price ~ $50,000,000
- Price Per Buildable Square Foot ~ $200.59
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- Mixed-Use, elevatored building located in prime SoHo consisting of 6 stories plus a basement and cellar.
- Property has two storefronts.
- Property is 100% vacant besides four lots (IMD Tenants) which are situated on the top floors.
- Each floor is newly renovated, including a state-of-the-art ground floor, primed for luxury retail space.
- Property is walking distance to Prince Street [N,R,W] Train Station.
- Property is located near Spring Street [6] Subway Station.
- Property is located near Broadway-Lafayette Street [B,D,F,M] Train Station.
- Price – $ 50,000,000
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- Three story building consisting of 163,061 SF and eight units
- Irreplaceable site at the intersection of the Long Island Expressway and the Long Island motor Parkway
- High visibility promoted building and tenant branding via surrounding roadway’s high traffic
- 807 Parking spaces
- Complete amenity package including conference facilities, on site-banking, a full-service cafeteria and Verizon fiber optics
- Full common area upgrades in 2008
- Price – $ 50,000,000
- GRM – 10.33
- CAP – 676 %
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- 93,259 SF lot consisting of 26,412 SF of existing warehouses in the opportunity zone
- 186,518 SF total buildable
- Delivered Vacant
- Walking distance to various popular retailers including UPS, Citibank, and Subway Restaurants
- One block from the 27th St / 49th Ave [Q67] station
- Two blocks from the Hunterspoint Ave [7, LIRR-Montauk, Oyster Bay, Port Jefferson, Ronkonkoma] Station
- Price – 50,000,000
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- Development opportunity consisting of two contiguous properties in the High Bridge neighborhood of The Bronx.
- Properties consist of 240,800 buildable square feet in total.
- Properties are located near 167th Street [4,B,D] Train Station.
- Price ~ $31,000,000
- Price Per Buildable Square Feet ~ $128.74
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- Seven story retail condo building in the heart of SoHo.
- The asset is 100% leased to Capital One with 7 years remaining on the initial term of the lease.
- The ground floor condominium features 3,659 square feet, 4,694 square feet of lower level space and 682 square feet of additional space.
- Property is located near Spring Street [6] Train Station & Canal Street [N,Q,R,W] Train Stations.
- Price ~ $30,000,000
- Cap Rate ~ 8.14%
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- Three contiguous properties consisting of 193,975 buildable square feet.
- Property is located near many retailers such as Subway, United States Postal Service, Rite Aid, and more.
- Properties are located near 169th Street [F] Train Station.
- Price – $ 30,000,000
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- The properties will be delivered vacant
- Corner property with 6 Contiguous Parcels consisting of 82,716 SF of total development rights
- 31,322 SF of additional air rights from adjacent property
- Owner would like to keep 3,500 SF as a retail condo for McDonald’s
- Total buildable is 110,538 SF
- Located on popular retail strip of Broadway with neighboring tenants including McDonalds Walgreens, Blink Fitness, and Bank of America
- The property is one block away from the [J, Z] Gates Ave train station
- Price – $ 30,000,000
- PPBSF – $ 271.40
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- Five story development opportunity consisting of 36,600 buildable square feet.
- Seller’s considering to sell the property or to put a 99-year ground lease on it.
- Property is walking distance to 5th Avenue-Bryant Park [7] Train Station.
- Property is located near 42nd Street-Bryant Park [B,D,F,M] Train Station.
- Property is located near Times Square-42nd Street [N,Q,R,W] Train Station.
- Property is located near 34th Street [A,C,E] Penn Station.
- Price – $ 28,500,000
- PPBSF: $ 778.69
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Total Built: 51,000 SF. Total Buildable: 105.144 SF. Tenants pay for their own utilities and gas. Property is near major highways and roads and multiple local & express buses. Property is walking distance to the 7 train
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Prime location. Heavy foot traffic as part of a major retail corridor. Tenants contribute towards taxes and the water bill
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- Three retail properties consisting a total of 170,000 buildable square feet.
- Properties are located near Fordham University.
- Properties are located near Grand Concourse Boulevard.
- Properties are walking distance to Burnside Avenue [4] Train Station.
- Properties are located near 182nd Street-183rd Street [B,D] Train Station.
- Properties are located near multiple [Bx32, Bx40, Bx42] Bus Stations.
- Price – $ 25,000,000
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- Block through development with a split zoning
- Total Buildable: 51,978 SF
- Price BSF: $ 481
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- Development opportunity consisting of 100,800 buildable square feet in the Midwood neighborhood of Brooklyn.
- Property is a 20,067 SF single-story commercial building with 3 retail units.
- Property will be delivered vacant.
- The property is conveniently located between Avenue I & Avenue J.
- Property is close to buses, shops, restaurants, post offices, pharmacies, supermarkets, Urgent Care & more.
- Price ~ $24,000,000
- Price Per Buildable Square Foot ~ $238.09
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- New mid-construction multi-family building consisting of 29 residential, 1 retail unit and an office.
- All units are one bedrooms.
- Property consists of 16 parking spots and a gym.
- Property is located near 30th Avenue [N,W] Train Station.
- Price – $ 22,000,000
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- Total Buildable: 40,014 SF
- With Facility FAR, Total Buildable is 96,000 SF
- Total Air Rights: 27,914 SF
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- One story building that is located right next to Northern Blvd, Whitestone Expy and Van Wyck Expy
- Total Buildable: 68,800 SF
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- Three story vacant commercial building steps away from Times Square & Bryant Park.
- Property has 35,000 square feet of commercial air rights.
- Property has great Flagship Branding Opportunity.
- Property is walking distance from Times Square-42nd Street [N,Q,R,W] Train Station.
- Property is also walking distance from 42nd Street-Bryant Park [E,B,D,F,M] Train Station.
- Price ~ $19,000,000
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- One story warehouse located in Hunts Point.
- Property consists of 119,778 buildable square feet.
- Property has 16 foot ceilings, 2 loading docks, and 1 drive-in.
- Columns are 50 feet apart across and 25 feet apart from front to back.
- Property is located in the Opportunity Zone.
- Property is located near E 149th Street [6] Train Station.
- Price ~ $ 18,500,000
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- Corner property with 4 Contiguous Parcels consisting of 7 retail units
- Built 38,476 SF
- Located in the heart of popular retail strips on Metropolitan Avenue and Fresh Pond Road with known stores including TD Bank, CVS, and Pizza Hut
- One block away from Fresh Pond Road / Bleecker St [Q58, QM24, QM25, QM34] station and Metropolitan Ave / Fresh Pond Road [Q38, Q54, Q67]
- Walking distance to Middle Village Metropolitan Ave [M] station
- Price – $ 18,000,000
- Price Per SF – $ 465.13
- CAP – 3.98%
- GRM – 20.12
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- Seven story multi-family building consisting of 28 units in the Astoria neighborhood of Queens.
- Property is located near the East River.
- Price ~ $17,500,000
- Cap Rate ~ 4.8%
- GRM ~ 16.7
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- Corner development opportunity consisting of 131,903 SF of development rights
- Delivered Vacant
- Community Facility FAR is 6.5
- Walking distance to Lincoln Medical Center
- Located on the Harlem River; minutes to NYC
- One block from the 138th Street [4, 5] Train Station and E 138th St / Grand Concourse [Bx33] Bus Station
- Price – $ 17,500,000
- PPSF – $ 132.67
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- Property consists of 39,550 sf of above-ground industrial space and a 19,700 sf + cellar for a total of 59,250 of usable space.
- The cellar and 2/3 of the ground floor are leased by a Wine Warehouse, who uses the cellar to store and lease out spaces for wine connoisseurs. There is about 14″ of concrete poured on all sides on the building which makes the cellar a perfect wine cellar.
- The cellar has 13′ ceilings, the first floor has 19.5′ ceilings, and the second floor has 15.5′ ceilings
- “The Vintage Wine Warehouse” pays a total of 460,000/year, which includes expenses as part of their NNN lease. Their lease expires in January 2023
- 1/3 of the ground floor (6,000 sf+) and the second floor (19,750 sf) are currently vacant and are available for lease at $18/ft for the first floor and $13.75/ft for the second. It includes 2 double interior loading docks and a freight elevator.
- Asking Price ~ $17,000,000
- Price Per Foot ~ $286
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- Two 5-story walk up mixed-use buildings.
- Properties are located in the Opportunity Zone.
- Improvements include new roof, super unit in the basement, new camera system, new intercom system, new mail boxes, pointing was recently done, new front door, new windows, new boiler, and tremendous upside.
- All units in both buildings have been renovated.
- 42 old violations on record for 938 Intervale Avenue: 13A, 18B & 11C.
- 76 old violations on record for 916-918 Faile Street: 24A, 43B & 9C.
- Mortgage delivered free and clear.
- Properties are walking distance to Intervale Avenue [2,5] Train Station.
- Properties are walking distance to Hunts Point Avenue [6] Train Station.
- Properties are located near [Bx6, Bx17, Bx19] Bus Stations.
- Price – $ 17,000,000
