{"id":1004551792,"date":"2021-09-28T09:11:28","date_gmt":"2021-09-28T17:11:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004551792"},"modified":"2022-12-08T12:19:58","modified_gmt":"2022-12-08T20:19:58","slug":"top-5-nyc-office-building-sales-august-2021-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-august-2021-2\/","title":{"rendered":"Top 5 NYC Office Building Sales\u2014August 2021"},"content":{"rendered":"
\"\"<\/a>

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

    \n
  1. 38 E. 30th St., Manhattan<\/a>
    \nSale Price: $48,800,000<\/li>\n<\/ol>\n
    \"\"<\/a>

    44 E. 30th St., Manhattan<\/p><\/div>\n

    The transaction marks an interest sale between an entity affiliated with Elk Investors and a private investor. The 75,655-square-foot NoMad building has been under the ownership of Elk Investors since 1998. The company acquired the 13-story asset for $10.5 million from MHP Real Estate Services. Built in 1915, the property includes six commercial units and underwent cosmetic improvements in 2011.<\/p>\n

      \n
    1. 3510 Johnson Ave., Bronx<\/a>
      \nSale Price: $9,830,000<\/li>\n<\/ol>\n

      An entity connected to Midwood Investment & Development sold the 3,035-square-foot property to The Feil Organization. The transaction also included the nearly 1,500-square-foot building at 549 W. 235th St.<\/a>, also located in Riverdale. Bank of America provided $6.4 million in acquisition financing to facilitate the portfolio deal. Both properties were constructed in 1998 and include one commercial unit per building.<\/p>\n

        \n
      1. 102-02 Liberty Ave., Queens<\/a>
        \nSale Price: $4,610,000<\/li>\n<\/ol>\n

        An entity affiliated with private real estate investment group JENEL sold the 4,500-square-foot property 90 Dune LLC. The asset previously changed hands in 2018 for $1.2 million. Located in Ozone Park, the low-rise building includes one commercial unit and underwent redevelopment in 2018. CityMD operates an urgent care facility at the location, which is near the A subway station at the SE corner of 104th Street. and Liberty Avenue.<\/p>\n

          \n
        1. 104-01 Roosevelt Ave., Queens<\/a>
          \nSale Price: $3,410,000<\/li>\n<\/ol>\n

          The 8,800-square-foot Corona property includes 15 commercial units across 7,300 square feet of office space and 1,500 square feet of retail. Built in 1931, the two-story building last changed hands in 1995 between private investors. The tenancy profile of the property includes a pharmacy, a dental office and a contracting and carpentry company, among others. Nearby transportation options include the no. 7 subway line accessible on the NE corner of 103rd Street and Roosevelt Avenue.<\/p>\n

            \n
          1. 2615 E. 16th St., Brooklyn<\/a>
            \nSale Price: $2,280,000<\/li>\n<\/ol>\n

            The 9,000-square-foot Sheepshead Bay building traded with the help of a $1.7 million acquisition loan provided by Flushing Bank. The asset previously changed hands in 1995. The two-story property encompasses seven commercial units and came online in 1995. The B\/Q subway lines are less than a mile away and are accessible on the SE corner of 15th Street and Sheepshead Bay Road.<\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark compiled the metro’s top deals of the month for the sector.<\/p>\n","protected":false},"author":1269,"featured_media":1004551894,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1600,10,21747,37789],"tags":[],"class_list":["post-1004551792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york","category-northeast","category-office","category-rc-office-nyc-spotlight"],"acf":[],"yoast_head":"\nTop 5 NYC Office Building Sales\u2014August 2021 - 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-nyc-office-building-sales-august-2021-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 NYC Office Building Sales\u2014August 2021\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the metro's top deals of the month for the sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-august-2021-2\/\" \/>\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=\"2021-09-28T17:11:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T20:19:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/09\/44-E.-30th-St.-office.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\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-nyc-office-building-sales-august-2021-2\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-august-2021-2\/\",\"name\":\"Top 5 NYC Office Building Sales\u2014August 2021 - 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