US $ 11.2 MILLION
33 and 35 Howard Street (between Broadway and Lafayette Street)
These two buildings in Soho total 16,000 square feet with additional air rights. The three-story building at 33 Howard is intended for commercial and retail use. The five-story building at 35 Howard has commercial space on the lower two floors below three full-story loft apartments. For nearly two decades, the Opening Ceremony clothing store occupied the commercial space of both buildings, which were leased out to the customer. All three apartments are occupied.
Customer: Javeri Capital
Salesman: Spitzer family
Brokers: Josh Goldflam and Charles Chang of Highcap Group
20 dollars/ Sq. FT.
$ 1.46 million USA approximate annual rent
84-00 73rd Avenue (between 80th and 88th Streets)
City Lumber has signed a 12-year lease for this 73,000 square foot one-story building in the Glendale area. Built in 1960, this facility, which also includes 32,500 square feet of open space, was previously on a five-year lease with the Metropolitan Transportation Authority. City Lumber moves its headquarters and warehouse to the site.
Resident: Urban timber
Lessee’s brokers: Josh Berger and Alex Lubin of Norman Bobrow & Company
Landlord: Ren Hook Realty
Landlord’s broker: Paul J. Juras of DY Realty
US $ 11 MILLION
440 Bergen Street (at Fifth Avenue)
Built in 1920, this 10,000-square-foot, four-story building in Park Slope has five five-bedroom apartments and one three-bedroom apartment for which rent is stabilized. The ground floor is occupied by the Wasan Brooklyn sushi restaurant and bar. The building was last sold in 1998.
Salesman: LLC “Bergen”
Brokers: Derek Bestreich, Luc Sproviero, Adam Lobel, Gabriel Cates, Toby Waring and Daniel Shawach of Bestreich Realty Group