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Recent Commercial Real Estate Transactions

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$2 MILLION

548 and 550 Union Road (between Third Avenue and Nevins Road)

Brooklyn

Final bought in 1985, this property is a improvement web site within the Gowanus neighborhood. The 2-story constructing at 548 Union Road was inbuilt 1910 and used to encompass a one-bedroom condo with a storage, whereas the constructing at 550 Union Road was a high-intensity interval coaching health club. Each buildings, totaling 4,552 sq. ft, had been delivered vacant. The property consists of seven,200 sq. ft of buildable house.

Purchaser: Union Road L.L.C.

Vendor: Lets Develop Collectively

Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Gabriel Kates and Daniel Shawah of the Bestreich Realty Group

Credit score…Capital Property Companions

$7 MILLION

178 and 180 Atlantic Avenue (between Court docket and Clinton Streets)

Brooklyn

These two buildings within the Cobble Hill neighborhood had been bought, collectively, for the primary time in additional than 40 years. Inbuilt 1846, the three-story constructing at 178 Atlantic Avenue consists of two two-bedroom flats and one one-bedroom condo. The constructing has about 5,000 sq. ft and consists of two industrial models, considered one of which is occupied by Diwan Café. The four-story, 5,760-square-foot constructing at 180 Atlantic Avenue was inbuilt 1873. It has three full-floor loft flats, together with a industrial unit. The 2 buildings had been delivered partly vacant.

Purchaser: Conway Capital

Sellers: 178 Atlantic Bklyn Realty Company and 180 Atlantic Ave Associates

Dealer: Nir Mor of Capital Property Companions

$2.825 MILLION

115 West 136th Road (between Adam Clayton Powell Jr. and Malcolm X Boulevards)

Manhattan

Inbuilt 1910, this 3,646-square-foot, four-story constructing in Harlem has 5 studio flats and three one-bedroom flats, all free-market. The constructing, which has undergone a intestine renovation, final modified fingers in 2019.

Vendor: 115 West 136th Road Realty

Brokers: Josh Lipton and Andrew Levine of Invictus Property Advisors

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