Recent Commercial Real Estate Transactions

Recent Sale

$4.2 MILLION

1021 Eighth Avenue (at 11th Street)

Brooklyn

Built in 1893, this 8,227-square-foot, four-story building in Park Slope has seven apartments, all of which have three bedrooms. Three are rent-regulated, and four are free market. The property also has 23 feet of frontage. The retail space is occupied by a restaurant.

Buyer: Alchemy Ventures

Seller: Slope Realty

Brokers: Mark Zarrella and Shaun Riney of Marcus & Millichap

Recent Sale

$3.678 MILLION

303 East Fourth Street (at Avenue C)

Manhattan

Built in 1900, this 6,929-square-foot five story walk-up building in the East Village has two retail spaces, occupied by a deli and a barbershop, plus eight apartments: three two-bedroom apartments and five one-bedrooms. All of the apartments are occupied, including three that are rent-stabilized.

Buyers: Derek Greenbaum and Larry Zombek

Seller: Meléndez Estate

Brokers: Andrew Natter and Harold Fuchs of Collaborative Group

For Sale

$10.9 MILLION

425 Hoyt Street (at Fourth Street)

Brooklyn

Built in 1931, this 19,250-square-foot, three-story industrial warehouse in the Gowanus neighborhood has more than 200 feet of wraparound frontage and can be used as an office, retail or light manufacturing space. The building, which is vacant, was recently renovated and has been owned by the same family since 1966.

Seller: The Figliolia family

Brokers: Josh Lipton, Andrew Levine and Jax Hindmarch of Invictus Property Advisors

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