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Monday, August 2, 2021

Recent Commercial Real Estate Transactions

$3.75 lakh

189 First Street (between Third Avenue and Whitwell Place)

Brooklyn

This 6,680 square foot industrial building in Gowanus was built in 1940. It was evacuated to ABC Coalition, an auto repair shop that has been operating in the area for over 20 years. The building was in the hands of the owner since the 1970s.

Buyer: abc percussion

Buyer’s broker: Thomas Cordasco of the Thomas Cordasco Company

Seller: Advanced JAF Holding

Seller’s broker: Dan Marks, Daniel Lebor and Adam Tannenbaum of TerraCRG and Jacob Novak and Jake Torrey of Marcus and Millicap

$1.113 lakh

209 Highland Place (between Atlantic Avenue and Fulton Street)

Brooklyn

Built in 1939, this 5,000-square-foot warehouse in Cypress Hills has an office, a kitchen, two bathrooms, and a 50-foot façade. The building, which was last sold in 2001, was used as a distribution warehouse for Fastener Dimensions, which moved to a larger facility in New Jersey.

Buyer: marshal casten

Seller: bright stars

Broker: Edward Kaliswart of Keller Williams NYC

$2.759 lakh

38-26 30th Street (between 38th and 39th Avenues)

queens

This two-story, 5,000-square-foot building in Long Island City was built in 1970 and last sold in 2009. It is being used to manufacture and distribute window treatments and draperies. The ground floor is a warehouse space, and the second floor includes an office space that can be used as a residence.

Seller: carlena

Broker: Kyle Maltz of Greiner-Maltz

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