Current Industrial Actual Property Transactions

Current Industrial Actual Property Transactions


$180/SQ. FT.

$360,000 approximate annual lease

227 10th Avenue (between West 23rd and 24th Streets)

Manhattan

A 2,000-square-foot restaurant area will turn out to be out there Jan. 1 on the bottom flooring of this 1920 four-story constructing within the Excessive Line and Chelsea gallery district. The Purple Cat, a restaurant that has been there for practically 20 years, will shut on the finish of the 12 months. The area, with 20 ft of frontage, provides an 800-square-foot basement with a prep kitchen. Neighbors embody the Drunken Horse wine bar and the Charlie Hewitt artwork gallery.

Proprietor: 227 Tenth Avenue Firm

Brokers: Aaron Gavios and Margaret Royer, Gavios Realty Group

$1.276 MILLION

633 Third Avenue (between East 40th and 41st Streets)

Manhattan

Heritage Baptist Church has purchased a 1,410-square-foot business condominium workplace on the 13th flooring of this 41-story workplace tower in-built 1962 in Turtle Bay. The church is shifting its ministry workplace there from 336 West 37th Avenue.

Purchaser: Heritage Baptist Church

Purchaser’s Dealer: Gregg Cohen, Norman Bobrow & Firm

Vendor: Comm5 Setai

Vendor’s Dealer: Vlad Sapozhnikov, Oneworld Property Advisors

$38.40/SQ. FT.

$48,000 approximate annual lease

670 Rogers Avenue (at Clarkson Avenue)

Flatbush, Brooklyn

Abe’s Nook, a restaurant and sports activities bar that includes a kosher menu, has signed a 10-year lease for a 1,250-square-foot area on the bottom flooring of this three-story constructing. The proprietor obtained a four-month lease concession for the build-out, and is working towards acquiring a full liquor license. The opening is anticipated in February.

Tenant: Abe’s Nook

Landlord: Brooklyn 315 Realty

Dealer: Sully Klein, Perfect Properties Group

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