On the Market: 5 Interesting Listings for the Week of 11/27

This week's listings include a '20s-era property in the heart of New York's East Village and a spacious, extensively remodeled community in San Diego.

On the Market is a weekly department curating the most interesting recent for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Mallory Bulman.

Screen Shot 2017-12-01 at 12.48.28 PMMedlock West

Location: Phoenix

Price: $3.4 million

Building Size: 22,146 SF

Units: 20

Year Built: 1959

Features: Mid-century apartment community located in Uptown Central Phoenix; features hardwood flooring on the second story and polished concrete on the first floor, which overlooks a landscaped courtyard and pool; property offers one-, two- and three-bedroom apartments; interior finishes include new tubs and bathroom vanities, electric or gas stoves, dishwashers, garbage disposal and oversized windows. 

Contact: Brian Tranetzki, Taylor Street Real Estate, 602-603-9755

ave a94-96 Avenue A

Location: New York

Price: $13.5 million

Building Size: 8,896 SF

Units: 11

Features: Built in 1920; location has Walk Score and Transit Score of 100 percent; located in East Village with ground-level commercial retail, currently the Side Walk Cafe; possibility of construction of an additional story; lot size of 2,763 SF.

Contact: Jason Misrahi, Misrahi Realty, 561-859-9696

crockerCrocker House

Location: New London, Conn.

Price: $7.9 million

Building Size: 102,103 SF 

Lot Size: .65 acres

Units: 81

Features: Property is the result of converting the 1872-built Grand Hotel into 81 apartment units, seven ground-floor retail spaces a ballroom facility; unit mix comprised of 22 studios, 54 one-bedroom and five two-bedroom apartments; amenities include fitness center, courtyard, and views three blocks from the waterfront; located near shops, restaurants, art galleries, ferry and beach access. 

Contact: Rick Chozick, Chozick Realty, 860-247-7400

trojanTrojan Apartments

Location: San Diego 

Price: $2.9 million

Building Size: 7,592 SF

Lot Size: 0.14 acres

Units: 12

Features: Extensive remodeling within past year includes new exterior paint, windows and awnings, updated landscaping, low-voltage landscape lighting and low-flow toilets and shower heads; all units have dishwashers, microwaves and new vinyl plank flooring; unit mix consists of nine two-bedroom/one-bathroom and three one-bedroom/one-bathroom units; six garages and four additional parking spaces that provide extra rental income. 

Contact: Benn Vogelsang, South Coast Commercial, 619-794-0381

sunburstSunburst Court

Location: Medford, Ore. 

Price: $6.8 million

Building Size: 50,000 SF

Lot Size: 0.76 acres

Units: 52

Features: Washer/dryer hookups and garages for each apartment; low tenant turnover with more than 60 percent long-term residents; quiet location with close proximity to grocery stores, restaurants and more; well-maintained property. 

Contact: Brian Dircks, Nicolan, 623-910-7609

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