Recent Commercial Real Estate Transactions
1414 Utica Avenue (between Foster Avenue and Farragut Road)
This three-story, 10,083-square-foot office building in East Flatbush comes with a 3,000-square-foot vacant lot at 1376 Utica Avenue that is used for parking. Built in 1931, the building is occupied by Tri-Borough Home Care and contains 20 medical offices.
Buyer: Mark Koplowitz
Seller: Kenrick Cort
Brokers: Greg Corbin and Chaya Milworn of Rosewood Realty Group
236 West 72nd Street (between Broadway and West End Avenue)
This six-story, 16,000-square-foot building on the Upper West Side was built in 1927 and was used for the past 48 years as a mission house and the New York headquarters for the Metropolitan New York Baptist Association. It has 10 commercial units and will be delivered vacant.
Seller: N.Y. Baptist Mission
Brokers: Adelaide Polsinelli and Meylin Maldonado of Compass
975 Liberty Avenue (between Chestnut Street and Conduit Boulevard)
Built in 2018, this seven-story, 40,249-square-foot building in Cypress Hills includes 41 apartments, all occupied. Thirteen of the apartments are leased through a lottery run by the New York City Department of Housing Preservation and Development. The building also has a parking lot and six leased commercial spaces on the ground floor and lower level, occupied by a home health care office, an optical store, an events space and several offices.
Seller: Liberty for All
Brokers: Stephen R. Preuss, Kevin Schmitz, Andreas Efthymiou and Kevin Louie of Ripco Real Estate