{"id":1004499604,"date":"2020-12-16T05:14:41","date_gmt":"2020-12-16T13:14:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004499604"},"modified":"2020-12-16T05:14:41","modified_gmt":"2020-12-16T13:14:41","slug":"top-5-retail-building-sales-november-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/","title":{"rendered":"Top 5 Retail Building Sales\u2014November 2020"},"content":{"rendered":"
\"\"<\/a>

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

    \n
  1. 842 Broadway, Manhattan<\/a>
    \nSale Price: $211,375,000<\/li>\n<\/ol>\n

    Related Cos. sold the mixed-use property known as One Union Square South to MKF Realty. Wells Fargo provided $120 million in Fannie Mae acquisition financing to facilitate the transaction. Completed in 1998, the 27-story building encompasses more than 108,000 square feet of retail space leased to tenants including Regal Cinemas, Nordstrom Rack and Best Buy. One Union Square South features 239 luxury residential units, while 52 apartments are affordable.<\/p>\n

      \n
    1. 841 Madison Ave., Manhattan<\/a>
      \nSale Price: $45,587,492<\/li>\n<\/ol>\n
      \"\"<\/a>

      841 Madison Ave., Manhattan<\/p><\/div>\n

      An entity affiliated with Ashkenazy Acquisition sold the 18,000-square-foot retail condominium within the 15-story Hampton House. Ashkenazy had owned the commercial unit since 2010 when the company paid $51 million for the four-floor retail condo, which is leased to Prada. The new owner is an entity connected with JSRE Acquisitions. The property is situated on the corner of East 70th Street, along the retail area of Madison Avenue known as the \u201cGold Coast.\u201d<\/p>\n

        \n
      1. 515-531 86th St., Brooklyn<\/a>
        \nSale Price: $14,125,000<\/li>\n<\/ol>\n

        Connecticut-based Developer Realty Corp. sold the 37,412-square-foot commercial building to ACHS Management. Constructed in 1926 and upgraded in 1996, the two-story shopping center is home to tenants such as Modell\u2019s Sporting Goods and Spectrum. The seller had owned the property since 1976. Nearby transportation options include the R subway line on the SE corner of Fourth Avenue and 86th Street and the B1 bus line at the intersection of 86th Street and Fifth Avenue.<\/p>\n

          \n
        1. 1203 E. New York Ave., Brooklyn<\/a>
          \nSale Price: $13,000,000<\/li>\n<\/ol>\n

          Criterion Group sold the 20,400-square-foot commercial property to the Carlyle Group in early November. Developed in 1938 on a 1-acre site, the former Western Beef Supermarket underwent alterations in 1988. The nearest subway station provides access to the no. 3 line at the NW corner of Rutland Road and East 98th Street, while the B14 bus line is accessible at the intersection of East New York Avenue and Union Street.<\/p>\n

            \n
          1. 32 E. 170th St., Bronx<\/a>
            \nSale Price: $8,250,000<\/li>\n<\/ol>\n

            The one-story retail building totaling 8,841 square feet changed hands in early November. Bank of Hope facilitated the transaction with $5.2 million in acquisition financing, which carries a variable interest rate. Located in Mount Eden, the property\u2014 completed in 1931\u2014houses a Walgreens. Transportation options nearby include the no. 4 subway line on the SE corner of Jerome Avenue and 170th Street and the BX18 bus line at the intersection of East 170th Street and Walton Avenue.<\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark compiled the top 5 sales in retail recorded in November 2020 in New York City.<\/p>\n","protected":false},"author":1312,"featured_media":1004499616,"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-1004499604","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 Building Sales\u2014November 2020 - 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-building-sales-november-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 Retail Building Sales\u2014November 2020\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the top 5 sales in retail recorded in November 2020 in New York City.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/\" \/>\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=\"2020-12-16T13:14:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"510\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/\",\"name\":\"Top 5 Retail Building Sales\u2014November 2020 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg\",\"datePublished\":\"2020-12-16T13:14:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c3141425d7080d1ea3fd5b8beb15aecb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg\",\"width\":680,\"height\":510,\"caption\":\"841 Madison Ave., Manhattan\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Top 5 Retail Building Sales\u2014November 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c3141425d7080d1ea3fd5b8beb15aecb\",\"name\":\"the Editorial Staff of CPE\/MHN\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/61234d6d897642a678d0cfac9c0b669cef6f47903aa8d68b2fc623e0a3774b1b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/61234d6d897642a678d0cfac9c0b669cef6f47903aa8d68b2fc623e0a3774b1b?s=96&d=mm&r=g\",\"caption\":\"the Editorial Staff of CPE\/MHN\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/theeditorialstaffofcpemhn\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Top 5 Retail Building Sales\u2014November 2020 - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/","og_locale":"en_US","og_type":"article","og_title":"Top 5 Retail Building Sales\u2014November 2020","og_description":"PropertyShark compiled the top 5 sales in retail recorded in November 2020 in New York City.","og_url":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-12-16T13:14:41+00:00","og_image":[{"width":680,"height":510,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg","type":"image\/jpeg"}],"author":"the Editorial Staff of CPE\/MHN","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/","url":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/","name":"Top 5 Retail Building Sales\u2014November 2020 - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg","datePublished":"2020-12-16T13:14:41+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c3141425d7080d1ea3fd5b8beb15aecb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg","width":680,"height":510,"caption":"841 Madison Ave., Manhattan"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/top-5-retail-building-sales-november-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Top 5 Retail Building Sales\u2014November 2020"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c3141425d7080d1ea3fd5b8beb15aecb","name":"the Editorial Staff of CPE\/MHN","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/61234d6d897642a678d0cfac9c0b669cef6f47903aa8d68b2fc623e0a3774b1b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/61234d6d897642a678d0cfac9c0b669cef6f47903aa8d68b2fc623e0a3774b1b?s=96&d=mm&r=g","caption":"the Editorial Staff of CPE\/MHN"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/theeditorialstaffofcpemhn\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/12\/841-Madison-Ave.-retail.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004499604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1312"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004499604"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004499604\/revisions"}],"predecessor-version":[{"id":1004499826,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004499604\/revisions\/1004499826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004499616"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004499604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004499604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004499604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}