{"id":1004561428,"date":"2021-12-22T09:39:38","date_gmt":"2021-12-22T17:39:38","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004561428"},"modified":"2022-12-08T21:28:33","modified_gmt":"2022-12-09T05:28:33","slug":"top-5-nyc-office-building-sales-november-2021","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-november-2021\/","title":{"rendered":"Top 5 NYC Office Building Sales\u2014November 2021"},"content":{"rendered":"
\"\"<\/a>

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

    \n
  1. 2800 Bruckner Blvd., Bronx<\/a>
    Sale Price: $6,350,000<\/li>\n<\/ol>\n

    A private investor sold the low-rise totaling 20,812 square feet in the Throggs Neck neighborhood. Castellan Capital facilitated the transaction by providing a $3.8 million acquisition financing package to the buyer. The multi-tenant property last traded in 2018, when the current seller paid $10 million for the three-story building. The 2004-built property is home to Arce Law Office PLLC, TWI Construction Corp. and PJP Installers Inc., among others.<\/p>\n

      \n
    1. 1636 E. 14th St., Brooklyn<\/a>
      Sale Price: $3,800,000<\/li>\n<\/ol>\n

      Dime Community Bank provided a $2.9 million mortgage for the buyer, an entity affiliated with Idea Nuova Inc. The 13,920-square-foot building was originally developed in 1968 and underwent upgrades in 1991. The two-story property features 11 commercial units and last traded in 2016, when the current seller, a private investor, paid $4.8 million for the property. \u00a0<\/p>\n

        \n
      1. 6 W. 20th St., Manhattan<\/a>
        Sale Price: $3,232,742<\/li>\n<\/ol>\n

        The mixed-use building in the Flatiron District encompasses a 20,450-square-foot residential space, along with an office space with the same footprint and retail space totaling 4,500 square feet. The 11-story property was built in 1910 and underwent alterations in 1988, a decade after the property last traded. The tenant roster includes Blankenhorn Photography, interior design firm Ikonni and NY Loft LLC, among others.<\/p>\n

          \n
        1. 313 W. 53rd St., Manhattan<\/a>
          Sale Price: $3,200,000<\/li>\n<\/ol>\n

          The 3,225-square-foot property traded between private investors. The narrow, five-story building in Hell’s Kitchen, also known as Clinton, was completed in 1930 and underwent alterations in 1999, a year after the property last traded. The building includes two residential units spanning 1,600 square feet as well as a 1,625-squre-foot office space.<\/p>\n

            \n
          1. 431 Willoughby Ave., Brooklyn<\/a>
            Sale Price: $2,150,000<\/li>\n<\/ol>\n
            \"\"<\/a>

            431 Willoughby Ave., Brooklyn<\/p><\/div>\n

            An entity affiliated with B&B Global Development sold the 5,710-square-foot property in Bedford-Stuyvesant. Situated on a 1,475-square-foot lot, the four-story building came online in 2007 and encompasses four commercial units. The property is close to transportation options including, a bus stop and a bike sharing station steps away as well as the G subway line accessible at the NW corner of Marcy and Myrtle Avenues.<\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark compiled the city’s top deals of the month for the sector.<\/p>\n","protected":false},"author":1269,"featured_media":1004561692,"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-1004561428","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\u2014November 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-november-2021\/\" \/>\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\u2014November 2021\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the city'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-november-2021\/\" \/>\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=\"2021-12-22T17:39:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T05:28:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/431-Willoughby-Ave.-Brooklyn-Office-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"676\" \/>\n\t<meta property=\"og:image:height\" content=\"507\" \/>\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-november-2021\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-office-building-sales-november-2021\/\",\"name\":\"Top 5 NYC Office Building Sales\u2014November 2021 - 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