Deals - New York

  • LichtensteinRE Closes $11M All Cash Sale

    The off-market sale of the renovated multifamily property in the Bronx’s Tremont neighborhood offers an excellent investment opportunity as rents increase.

    08 December 2017 20:36
  • Meridian Sells Brooklyn Community for $18M

    The firm sold the 60-unit, post-war building to S. Antonio Realty. The average unit size is 1,050 square feet.

    08 November 2017 15:49
  • Greystar Nabs NJ Community for $70M

    Cushman & Wakefield represented the seller, Invesco Real Estate, in the disposition of the amenity-filled, 115-unit property located in Hoboken, N.J.

    03 November 2017 14:09
  • Jehovah’s Witnesses Sells Historic Brooklyn Asset

    Formerly a hotel known as “the aristocrat of Brooklyn Heights,” the 295-unit The Towers will be redeveloped into Brooklyn’s first luxury senior housing community.

    02 November 2017 15:28
  • Brooklyn Luxury Condo Sets Sales Record

    The 14-unit 868 Lorimer On The Park is 50 percent sold within three months of The Serhant Team launching sales. The property also includes Greenpoint neighborhood‘s most expensive condo sale.

    18 October 2017 19:59
  • Emerald Equity Lands $129M for Bronx Portfolio

    Sabal Capital Partners closed on 34 Freddie Mac Small Business Loans on behalf of Emerald. Comprising more than 850 units, this marks the largest Small Balance Loan transaction through the Freddie Mac SBL program since it was created in 2014.

    05 October 2017 14:11
  • CIM Sells Manhattan Luxury Tower for $80M

    A joint venture purchased the 110-unit Madison Park Tower, a onetime hotel, using a $65 million acquisition loan from affiliates of Square Mile Capital Management.

    04 October 2017 16:13
  • Manhattan Sale Prices Drop: CityRealty Report

    The study found that the average cost in the New York City borough continues to drop, but downtown is still thriving when it comes to condo, co-op and new development purchases.

    07 September 2017 15:43
  • Manhattan Community Trades for $61M

    The 117-unit apartment building is situated in the Gramercy Park neighborhood, while residents benefit from easy access to multiple public transportation options.

    04 September 2017 14:26
  • Northern NJ Community Trades for $41M

    Gebroe-Hammer Associates represented both parties in the sale of Crest Ridge Apartments, a 178-unit, garden apartment community located in West Orange, N.J.

    21 August 2017 15:47
  • WinnCos. Eyes $19M Rehab for NJ Affordable Community

    The firm plans to make significant interior and exterior upgrades to the newly acquired Bridgeton Villas Apartments, a 156-unit community in Bridgeton, N.J.

    03 August 2017 15:26
  • Affordable NJ Community Changes Hands

    The new owner acquired Berkeley Terrace for a price tag of $12.2 million and plans to invest in extensive renovations. The project is slated for completion by August 2018.

    31 July 2017 10:36
  • Rosewood Closes $83M Queens Sale

    President Aaron Jungreis represented both the seller and the buyer in the exchange of the 343-unit portfolio. The seven buildings were constructed between 1913 and 1941.

    19 July 2017 15:18
  • NJ Community Changes Hands in $73M Deal

    The Addison at Princeton Meadows was built in 1981 and offers studios and one- and two-bedroom units. It was purchased free and clear of existing debt.

    18 July 2017 11:51
  • Sentinel Sells 122-Unit Brooklyn Community

    The property, which traded for $33 million, is located in the northern part of the borough’s Kensington neighborhood and includes studios, as well as one- and two-bedroom apartments.

    05 July 2017 11:12