On the Market: 5 Interesting CRE Listings for the Week of 5/23

This week's most interesting listings include a converted former U.S. Marine hospital and a renovated pre-war building in New York's Chelsea neighborhood.

On the Market is a new department curating the week’s most interesting 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 Mallory Bulman, Associate Editor.

w21st222-224 West 21st St.

Location: New York, N.Y.

Price: $32.9 million

Price/Unit: $1,220,370.37

Units: 27

Building Size: 22,437 SF

Highlights: All units free market, including two Section 8 units; hallways and majority of units were recently renovated; unit amenities include large layouts, stainless steel appliances, Bosch washers and dryers, stone countertops and high-end finishes; located two blocks from the 1 train and three blocks from the F and M trains; located in Chelsea within walking distance to popular neighborhood dining spots like Momofuku Nishi, Il Bastardo and Bar Veloce.

Contact: Brock Emmetsberger, Cushman & Wakefield, 212-696-2500 x 7776

riverside palmsRiverside Palms

Location: Tampa, Fla.

Price: $21 million

Units: 351

Price/Unit:  $59,829.06

Building Size: 319,660 SF

Built: 1972

Highlights: Unit mix of 32 efficiency apartments, 192 one-bedroom units, 69 two-bedroom units and 58 three-bedroom units; located within close proximity to Busch Gardens and Adventure Island; located less than 3 miles from the main campus of the University of South Florida; local employers include major medical centers H. Lee Moffitt Cancer Center, James A. Haley Veteran’s Hospital and University Community Hospital as well as manufacturing centers for Coca-Cola, Pepsi and Yuengling Beer.

Contact: Franklin Street Real Estate Services, 813-345-5887

wolf villageWolf Village

Location: Pueblo, Colo.

Price: $20 million

Units: 102

Price/Unit: $196,078.43

Building Size: 136,108 SF

Highlights: Advertised as the only private, purpose built student housing community serving Colorado State University at Pueblo (CSU-Pueblo); located adjacent to CSU-Pueblo at the southern tip of the campus; adjacent 12.5 acres of land fully entitled for expansion.

Contact: John Laratta, Berkadia Real Estate Advisors, 303-607-0025

poncePonce Entrance

Location: Miami, Fla.

Price: $18.9 million

Units: 59

Price/Unit: $320,762.71

Building Size: 98,880 SF

Built: 2014

Highlights: Located in A-plus submarket of Coral Gables, Fla.; unit mix of two studios, 18 one-bedroom/one-bath apartments, 35 two-bedroom/two-bath apartments and four three-bedroom/two-and-a-half-bath apartments; unit amenities include ceramic tile flooring, central air, individual hot water heaters and large closets; ample gated parking onsite; close proximity to Coral Gables trolley system.

Contact: Paul Nudelman, Marcus & Millichap, 786-522-7069

park at cedar lawnThe Park at Cedar Lawn

Location: Galveston, Texas

Units: 192

Building Size: 190,697 SF

Built: 1985

Lot Size: 5.93 acres

Highlights: Located three blocks south of Broadway Street, Galveston’s main thoroughfare; adjacent to Cedar Lawn subdivision, Galveston’s first fully planned luxury residential neighborhood; community has 48 historic units which were converted from a former U.S. Marine hospital built in the 1930s; community amenities include a swimming pool, deck patio with barbecue grills, three gazebos with picnic areas, a laundry center and a dog park.

Contact: Ed Cummins, III, Transwestern, 713-272-1288