Recent Commercial Real Estate Transactions

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Credit…Highcap Group

$1.45 MILLION

129 Malcolm X Boulevard (between Quincy Street and Gates Avenue)

Brooklyn

This four-story, 4,690-square-foot building in Bedford-Stuyvesant was built in 1931. It has eight one-bedroom apartments, all delivered vacant, and a backyard.

Buyer: Wright Capital Management

Seller: 129 MXB L.L.C.

Broker: Josh Goldflam of Highcap Group

$10.25 MILLION

1071-1073 Fulton Street (at Classon Avenue)

Brooklyn

This seven-story, 26,000-square-foot building in the Clinton Hill neighborhood was built in 2004. It has 30 apartments — five studios, nine one-bedrooms and 16 two-bedrooms — as well as a common lounge area, a laundry room and 10 parking spaces. A women’s homeless shelter had occupied the building since 2005, but it was delivered vacant.

Buyer: 1079 Fulton Street Group

Seller: Alfred Thompson of New Start Development

Brokers: Lev Mavashev and Eli Yusupov of Alpha Realty

$26 MILLION

350 Avenue of the Americas (between West Washington Place and West Fourth Street)

Manhattan

The ground and second floors of this five-story, 40,000-square-foot building in Greenwich Village are for sale. Built in 2005, the building has 14 apartments on the three other floors. The commercial floors comprise two units of vacant space, totaling 16,798 square feet, that HSBC Bank and NY Kids Club previously occupied.

Seller: 350 6th Ave

Broker: Adelaide Polsinelli of Compass

Source

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