Latest Business Actual Property Transactions

Recent Commercial Real Estate Transactions


848 East 43rd Street (between Glenwood Road and Avenue H)


This 29,500-square-foot industrial property in the East Flatbush neighborhood consists of a 17,500-square-foot single-story industrial building dating from 1960 and a 12,000-square-foot fenced yard. The property, which was used as a production site for heating devices, was handed over empty.

Buyer: Celeb 1653

Salesperson: Rubicon Industries

Estate agents: Dan Marks, Daniel Lebor and Robert Finnerty from TerraCRG

$ 11.85 MILLION

348 Atlantic Avenue (on Hoyt Street)

336 State Street / 75 Hoyt Street (on Hoyt Street)


This pack contains two buildings in Boerum Hill. The four-story, 6,600-square-meter building in 348 Atlantic, built in 1910, has six four-room apartments and two commercial spaces, one of which is occupied by a deli. The other building is 5,200 square feet and was built in 1920. It is divided into a three-story building at 336 State Street and a two-story building at 75 Hoyt Street. It has three five-bedroom apartments and one three-bedroom apartment, all of which are inhabited, and three commercial spaces rented by Grand Army, Oaxaca Taqueria, and Little Sweet Cafe.

Buyer: Mark Winter-Gitelson and Alexandre de Montebello of the Cofinance Group

Salesperson: The Hidary family from Hidrock Properties

Estate agents: Lev Mavashev and Daniel Aminov from Alpha Realty


7127-7129 Fifth Avenue (between Ovington Avenue and 72nd Street)


This four-story, 9,600-square-foot building in the Bay Ridge neighborhood was built in 1904 and includes 14 one-bedroom apartments, 13 of which are rental-stabilized, and two commercial spaces that house a jewelry store and a physiotherapist's office.

Salesperson: Peter Lambropoulos

Estate agents: Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring and Azem Kajoshaj from Bestreich Realty Group


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