Recent commercial real estate transactions

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US $ 8.4 MILLION

661 Washington Street (between West 10th and Christopher Streets)

Manhattan

This five-story 10,000-square-foot West Village building was built in 1910 and has 13 free market apartments: eight one-bedroom, one two-bedroom, two three-bedroom and two two-bedroom duplexes. Five of them are vacant.

Buyer: target price

Seller: Andrew Galway

Brokers: Adelaide Polcinelli and Udi Eliasi from Compass

US $ 52.5 MILLION

260 Fifth Avenue (between 28th West and 29th West)

Manhattan

Built around 1900, this 65,000-square-foot 12-story office building in NoMad was 80 percent empty at the time of sale.

Buyer: Amir Lola

Buyer’s brokers: Andrew Zang and Greg Albert of Savills

Seller: Five points of development

Seller’s broker: Michael J. Ferrara of Brax Realty

USD 65 MILLION

87 Wythe Avenue (between North 10th and North 11th streets)

Brooklyn

This Williamsburg property consists of a 37,000-square-foot commercial building and a 53,000-square-foot development plot with combined air rights. The two-story retail building, built in 1945, consists of nine commercial premises on the first floor and three on the second. Seventy-five percent of the apartments are rented, including Colossal Media, New Work Project, Bar Method and Kahkow USA.

Seller: Cayuga Capital

Brokers: Paul J. Massey Jr., Brian Kirk, Robert W. Moore, DJ Johnston and Christian Kane of B6 Real Estate Advisors

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