Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in June 2019 in New York City.
Source: PropertyShark, a Yardi Systems Inc. company

 

  1. 1745 First Ave., Manhattan

    1745 First Ave., Manhattan
    Sale Price: $10,300,000

Built in 1920, this property comprises 16,000 square feet across four stories. Last altered in 1984, the building is situated on a 5,000-square-foot lot in Yorkville. Housing four commercial units of office and retail—each of them totaling 8,000 square feet—the asset is currently leased by Windows Walls and More, Barca Soccer Sport Supply and Jan Hus Presbyterian Church. Nearby transportation options include the Q subway line at the corner of Second Avenue and 94th Street, as well as the M31 and M86+ bus routes at the intersection of First Avenue and 91st Street.

  1. 3443 Jerome Ave., Bronx
    Sale Price: $9,300,000

Home to Ridgewood Savings Bank, this one-story building is situated on a 10,000-square-foot lot in Norwood. The asset is within close proximity to the 4 subway line at the corner of Jerome Avenue and Mosholu Parkway, as well as the BX10 bus route at the same intersection. Built in 1960 and last altered in 1996, the property houses two commercial units totaling 6,285 square feet.

  1. 46-07 46th Ave., Queens
    Sale Price: $3,700,000

Fully leased by D’Alessandro’s Fine Foods, this one-story Auburndale property was built in 1941. The 8,240-square-foot building is located closest to the Q31 bus route at the corner of Utopia Parkway and Hollis Court Boulevard.

  1. 1506 Jerome Ave., Bronx
    Sale Price: $3,300,000

Sold in conjunction with 1504 Jerome Ave., this property in Mount Eden was built in 1920. Home to Advantage Wholesale Supply as of July 2018, the asset is within close proximity to the 4 subway line at the corner of Jerome and Mount Eden Avenues, as well as the BX18 bus route at the intersection of Macombs Road and Inwood Avenue. The one-story building comprises 2,440 square feet of retail and 1,875 square feet of garage space.

  1. 295 Grand St., Manhattan
    Sale Price: $2,900,000

Located on a 1,294-square-foot lot in Chinatown, this two-story building is home to Grand Bakery. Constructed in 1910, the property houses two commercial units totaling 2,588 square feet of retail space. The B and D subway lines can be reached at the intersection of Chrystie and Grand Streets, as well as the M15 and M15+ bus routes at the corner of Allen and Grand Streets.