NEW YORK CITY — Healthcare provider NewYork-Presbyterian has signed a 10,189-square-foot lease in The Bronx. The space is located within the 60,000-square-foot building at 2510 Westchester Ave., which is also home to practitioners in specialty fields such as orthopedics and sports medicine, behavioral health and acupuncture. Both the tenant and the landlord, Simone Development, were self-represented in the lease negotiations.
NEW YORK CITY — A joint venture between development and investment firm Olshan Properties and New York City-based O’Connor Capital Partners has completed Parkchester Gardens, a 221-unit affordable senior living project in The Bronx. Units are reserved for renters earning 50 percent or less of the area median income. Wells Fargo financed the project in conjunction with the New York City Housing Development Corp. and the Department of Housing Preservation & Development. Construction began in spring 2021.
GREENLAWN, N.Y. — New York-based Nouvini Property Investments has purchased a retail property in the Long Island community of Greenlawn for $3 million. According to LoopNet Inc., the property at 233-243 Broadway was built in 2012, totals 20,000 square feet and is home to multiple restaurants. Triple Net Brokers represented both Nouvini and the undisclosed seller in this transaction.
NEW YORK CITY — New York-based developer Goose Property Management has received a $68 million loan for the refinancing of Astor on Third II, a 137-unit apartment building located in the Astoria neighborhood of Queens. Astor on Third II is a newly built property that offers studio, one- and two-bedroom floor plans, as well as 17,900 square feet of retail space. Amenities include a rooftop deck, children’s playroom, fitness center, screening room, package room and resident’s lounge with a pool table, board games and kitchenette. Henry Bodek of Galaxy Capital originated the loan through Affinius Capital. Goose Management will use a portion of the proceeds to fund additional leasing costs to stabilize the property.
NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has negotiated the $16.5 million sale of two apartment buildings totaling 110 units that are located at 226 and 259 W. 144th St. in Harlem. The elevator-served buildings both rise six stories and include one ground-floor commercial space between them. Victor Sozio, Shimon Shkury, Gabriel Elyaszadeh and Remi Mandell of Ariel represented the undisclosed seller in the transaction. The buyer was also not disclosed.
NEW YORK CITY — Shawmut Design & Construction has completed The St. Vincent Health Sciences Center, a $106 million academic project located on the campus of St. John’s University in Queens. The 70,000-square-foot facility functions as a pass-through from the Residence Village to the Great Lawn and the main academic hub of the campus. The building houses classrooms, laboratories, patient simulation spaces and private study rooms, as well as a multi-story “living room,” which functions as a social hub and collaborative space for students and faculty. CannonDesign served as the project architect.
NEW YORK CITY — Locally based brokerage firm Ariel Capital Advisors has arranged the $3.6 million sale of a six-unit apartment building located at 151 Smith St. in the Boerum Hill neighborhood of Brooklyn. The four-story building consists of five market-rate apartments and one rent-stabilized apartment, as well as two retail spaces. Sean Kelly, Nicole Daniggelis and Stephen Vorvolakos of Ariel represented the seller, Doreen DeLeon, in the transaction. The buyer was Faisal Kassim.
NEW YORK CITY — Private equity firm 17Capital has signed a 16,298-square-foot office lease in Midtown Manhattan. The firm will relocate and expand from SL Green’s 77-story One Vanderbilt tower to the entire 29th floor of 10 Bryant, a 30-story building located at 452 Fifth Ave., in early 2026. Paul Glickman, Ben Bass, Kristen Morgan and Kate Roush of JLL represented the landlord, Property & Building Corp. Ltd., in the lease negotiations. David Mainthow and Troy Elias of Cushman & Wakefield represented the tenant.
NEW YORK CITY — Marcus & Millichap has brokered the $20 million sale of a portfolio of seven multifamily buildings totaling 124 units in Brooklyn’s Sunset Park neighborhood. The rent-stabilized buildings feature a mix of one- to four-bedroom units. John Brennan, Bryan Ellis and Miles Davis-Bosch of Marcus & Millichap represented the seller and procured the buyer in the transaction. Both parties were New York-based private investors that requested anonymity.
NEW YORK CITY — A joint venture between Union Investment and Nuveen Real Estate has sold 636 Sixth Avenue, an 18,300-square-foot retail property located in the Flatiron District of Manhattan. The property includes office space on the upper floors. The joint venture originally acquired the building in 2016 for the open-ended real estate fund Unilmmo: Global. The undisclosed buyer plans to redevelop the property.