{"id":1004299325,"date":"2019-02-13T13:11:01","date_gmt":"2019-02-13T21:11:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004299325"},"modified":"2020-02-25T07:00:01","modified_gmt":"2020-02-25T15:00:01","slug":"top-5-retail-space-sales-17","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-space-sales-17\/","title":{"rendered":"Top 5 Retail Space Sales"},"content":{"rendered":"
\"\"<\/a>

Source: PropertyShark, a Yardi Systems Inc. company<\/p><\/div>\n

    \n
  1. 3785-3861 Nostrand Ave., Brooklyn<\/strong><\/a>\n
    \"\"<\/a>

    3785-3861 Nostrand Ave., Brooklyn<\/p><\/div>\n

    Sale Price: $38,250,000<\/li>\n<\/ol>\n

    Currently home to the Kouros Bay Diner, this 81,018-square-foot property was built in 1960 and last altered in 2013. Previously a shopping center, the one-story asset comprises 15 commercial units within the neighborhood of Sheepshead Bay. Nearby transportation options include the B and Q subway lines located 0.8 miles away at the corner of 15th<\/sup> Street and Sheepshead Bay Road. The property is also within 0.1 mile from the B36 and B44 bus routes at the intersection of Nostrand Avenue and Avenue Z.<\/p>\n

      \n
    1. 212 Fifth Ave. #COMM2, Manhattan<\/strong><\/a>
      \nSale Price: $26,500,000<\/li>\n<\/ol>\n

      Sold along with 212 Fifth Ave. #COMM<\/a>, this space houses two commercial units in the NoMad district. The retail units are located on the ground level of a 144,899-square-foot residential property. According to The Real Deal<\/em>, the owner\u2014a joint venture between Madison Equities, Thor Equities and Building and Land Technology\u2014sold the trio of retail condos to an unnamed international investor. Marketed by Cushman & Wakefield, the retail condominiums provide more than 200 feet of frontage along Broadway, Fifth Avenue and West 26th<\/sup> Street. The space is currently occupied by Togas House of Textiles, a Greek company that sells luxury home furniture, as well as Deciem, a Toronto-based make-up company.<\/p>\n

        \n
      1. 18 W. 30th<\/sup> St., Manhattan<\/strong><\/a>
        \nSale Price: $18,640,000<\/li>\n<\/ol>\n

        Leased to Admiral Staffing and Pac Imports Inc., this property is within 0.1 miles of the N\/R subway lines at the corner of Broadway and 28th<\/sup> Street, as well as the X27, X28, X37 and X38 bus routes at the intersection of Fifth Avenue and 30th<\/sup> Street. The 8,360-square-foot building features five stories. The asset breaks down to 6,710 square feet of residential space and 1,650 square feet of retail space across three commercial units.<\/p>\n

          \n
        1. 60-20 Woodside Ave., Queens<\/strong><\/a>
          \nSale Price: $10,500,000<\/li>\n<\/ol>\n

          This 1960-built property is home to Sterling National Bank and was last upgraded in 1966. Standing two stories, the asset is located in the neighborhood of Woodside, with access to the 7 subway line at the corner of 61st<\/sup> Street and Roosevelt Avenue. The building offers two commercial units totaling 22,170 square feet.<\/p>\n

            \n
          1. 227-01 Merrick Blvd., Queens<\/strong><\/a>
            \nSale Price: $9,650,000<\/li>\n<\/ol>\n

            Sold along with 227-13 Merrick Blvd.<\/a>, the property was built in 1931 and last updated in 2003. Current tenants include Silver Krust West Indian Restaurant, Belle Rose Beauty Supply Inc. and Laurelton Plumbing & Heating. Nearby transportation options include the F subway line located 3.2 miles away at the corner of 180th<\/sup> Street and Hillside Avenue, as well as the Q5 bus route located 0.1 mile away at the intersection of Merrick Boulevard and 228th<\/sup> Street. Situated within the Laurelton neighborhood, the asset features six commercial units totaling 18,400 square feet, split between retail and storage space.<\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark compiled the top 5 sales in retail recorded in January 2019 in New York City.<\/p>\n","protected":false},"author":1312,"featured_media":1004306270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1600,10,37790],"tags":[],"class_list":["post-1004299325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york","category-northeast","category-rc-retail-nyc-spotlight"],"acf":[],"yoast_head":"\nTop 5 Retail Space Sales - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-space-sales-17\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 Retail Space Sales\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the top 5 sales in retail recorded in January 2019 in New York City.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-space-sales-17\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-13T21:11:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-25T15:00:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/02\/3785-3861-Nostrand-Ave.-Brooklyn.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"310\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editorial Staff of CPE\/MHN\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-retail-space-sales-17\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-retail-space-sales-17\\\/\"},\"author\":{\"name\":\"the Editorial Staff of CPE\\\/MHN\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c3141425d7080d1ea3fd5b8beb15aecb\"},\"headline\":\"Top 5 Retail Space Sales\",\"datePublished\":\"2019-02-13T21:11:01+00:00\",\"dateModified\":\"2020-02-25T15:00:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-retail-space-sales-17\\\/\"},\"wordCount\":461,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-retail-space-sales-17\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/02\\\/3785-3861-Nostrand-Ave.-Brooklyn.jpg\",\"articleSection\":[\"New York\",\"Northeast\",\"Retail (NYC Spotlight)\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-retail-space-sales-17\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-retail-space-sales-17\\\/\",\"name\":\"Top 5 Retail Space Sales - 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