NEW YORK CITY — New York City-based Massey Knakal has brokered the $4.51 million sale of a 20-unit apartment building located at 147 E. 30th St. in New York City's Murray Hill neighborhood. The five-story property spans 10,070 square feet. John Ciraulo, Robert Knakal, Jonathan Hageman and Michael Azarian exclusively handled the transaction.
NEW YORK CITY — GFI Realty Services has arranged the $4.5 million purchase of a 9,975-square-foot loft building, located at 279 Church St. in New York City's Tribeca neighborhood. Shane Barbanel of GFI Realty's New York City office represented both parties in the transaction.
NEW CASSELL, N.Y. — The Community Preservation Corporation (CPC) has provided a $3.63 million permanent loan for two residential buildings in New Cassell on behalf of the borrower, Stoneridge Homes. The mixed-use buildings are located at 735 and 816 Prospect Ave., and they feature a combined 50 apartment units and 27,000 square feet of retail space. Construction financing was provided through tax credit proceeds raised by First Sterling Financial, a loan from The Bank of New York and Nassau County Home Funds.
PASSAIC, N.J. — CB Richard Ellis' Private Capital Group has brokered the sale of a 6,000-square-foot mixed-use property, located at 249 Main Ave. in Passaic. Charles Berger of CBRE's Saddle Brook, N.J., office represented the buyer, who plans to renovated the property as an investment.
PHILADELPHIA — Isen Trust has purchased a 70,000-square-foot facility, located at 200-206, 208, 210 and 212 N. 21st St. in Philadelphia, that once housed the three-building Please Touch Museum. Isen plans to use the property as an art gallery and art store. The property features an open floor plan with exposed wood floors, columns and ceilings. Joe Muldoon and Chris Lange of Binswanger's Philadelphia office represented the seller.
NEW YORK CITY — A 50-unit apartment building at 666 W. 162nd St. in New York City's Washington Heights neighborhood has been sold for $6 million. The 53,034-square-foot property features 50 residential units and one super's apartment unit. Robert Shapiro, Robert Knakal and Jonathan Hageman of New York City-based Massey Knakal handled the transaction for both parties.
WARREN, R.I. — NAI Hunneman has brokered the $3.85 million sale of the 63-unit Warren Apartments, a garden-style brick complex in Warren. Robert Tito of NAI Hunneman represented the seller, Warren Metacom, and procured the buyer, Diversified Funding.
NEW YORK CITY — Marcus and Millichap has arranged the $1.35 million purchase of the 8,747-square-foot 437-439 Tompkins Avenue, a free-market brownstone development in Brooklyn. Shaun Riney of Marcus & Millichap's Brooklyn office and Matthew Fotis of the firm's Manhattan office represented both parties in the transaction.
NEW YORK CITY — New York City-based Massey Knakal has brokered the $7.8 million sale of a 15,000-square-foot apartment building, located at 156 Prince St. in New York City's SoHo neighborhood. Robert Burton of Massey Knakal brokered the transaction, along with Julie Weintraub and Lauren Schaffer of Prudential Douglas Elliman.
NEW YORK CITY — PCCP has offered $24 million in two loan structures to a private institutional investor for the refinance and construction completion of 155 Bay St. and 130 Bay St. Landing, two residential condominium properties totaling 153 units in Staten Island. Both properties are currently under construction.