{"id":1004642974,"date":"2023-01-30T03:12:29","date_gmt":"2023-01-30T11:12:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004642974"},"modified":"2023-02-14T03:40:05","modified_gmt":"2023-02-14T11:40:05","slug":"top-5-nyc-industrial-building-sales-december-2022","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-december-2022\/","title":{"rendered":"Top 5 NYC Industrial Building Sales\u2014December 2022"},"content":{"rendered":"<div id=\"attachment_1004642975\" style=\"width: 810px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/0223_CPE_PS_retail.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004642975\" data-attachment-id=\"1004642975\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-december-2022\/0223_cpe_ps_retail\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/0223_CPE_PS_retail.jpg\" data-orig-size=\"800,266\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"0223_CPE_PS_retail\" data-image-description=\"&lt;p&gt;Source: PropertyShark, a Yardi Systems Inc. company&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Source: PropertyShark, a Yardi Systems Inc. company&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/0223_CPE_PS_retail.jpg?w=800\" class=\"size-full wp-image-1004642975\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/0223_CPE_PS_retail.jpg\" alt=\"Source: PropertyShark, a Yardi Systems Inc. company\" width=\"800\" height=\"266\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/0223_CPE_PS_retail.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/0223_CPE_PS_retail.jpg?resize=300,100 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/0223_CPE_PS_retail.jpg?resize=768,255 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><p id=\"caption-attachment-1004642975\" class=\"wp-caption-text\">Source: PropertyShark, a Yardi Systems Inc. company<\/p><\/div>\n\n\n<ol class=\"wp-block-list\" type=\"1\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=386857\">32-84 Steinway St., Queens<\/a><\/li>\n<\/ol>\n\n\n\n<p>Sale Price: $9,000,000<\/p>\n\n\n\n<p>Alrose Group Real Estate sold the corner building encompassing 8,420 square feet in South Astoria. Kartsonis Realty purchased the single-story property with the help of a $2 million loan originated by ConnectOne Bank. Completed in 1950 the building offers four commercial units and is easily accessible by the M and R subway lines at the northeast corner of Steinway Street and 34th Avenue.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=208269\">794 Rockaway Ave., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $6,500,000<\/p>\n\n\n\n<p>The Doe Fund purchased the single-story retail building encompassing 9,612 square feet in Brownsville. Corporation for Supportive Housing facilitated the transaction with a financing package totaling approximately $9.5 million loan for the acquisition and redevelopment of the site. The 1960-built structure sits on a 0.6-acre lot and offers 64,553 square feet of allowed usable floor area.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=206820\">489 Rockaway Ave., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $5,400,000<\/p>\n\n\n\n<p>Platinum Realty Associates acquired the shopping center totaling 14,250 square feet in Brownsville. The buyer secured a $3.5 million loan funded by Signature Bank for the purchase. Completed in 1999, the single-story building offers four commercial units, and the tenant list includes Big Apple Kitchen, Rockaway&#8217;s Laundromat and Brownsville Premiere Florist among others.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=283649\">9201 Fifth Ave., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $5,300,000<\/p>\n\n\n\n<p>A private investor sold the 1,430-square-foot structure in Bay Ridge. Built in 1970, the one-story building sits on a 0.2-acre site on the corner of Fifth Avenue and 92nd Street. The property last traded in mid-2018 when it sold for $4.5 million. The property offers a 20,884-square-foot of allowed usable floor area and a permit has been filed to demolish the existing structure.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=2495\">25 Allen St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $5,000,000<\/p>\n\n\n\n<p>Roughly a year after it traded for $3.8 million, the 3,872-square-foot retail building in Chinatown is yet again under new ownership. The two-story property encompasses three commercial units. Nearby transportation options include the F subway line at the northwest corner of Rutgers Street and Broadway along with the M15 bus line at the intersection of Allen and Hester Streets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PropertyShark collected the top deals of the month for the sector.<\/p>\n","protected":false},"author":1763,"featured_media":0,"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-1004642974","post","type-post","status-publish","format-standard","hentry","category-new-york","category-northeast","category-rc-retail-nyc-spotlight"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Top 5 NYC Industrial Building Sales\u2014December 2022 - 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-industrial-building-sales-december-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 NYC Industrial Building Sales\u2014December 2022\" \/>\n<meta property=\"og:description\" content=\"PropertyShark collected the top deals of the month for the sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-december-2022\/\" \/>\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=\"2023-01-30T11:12:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-14T11:40:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/0223_CPE_PS_retail.jpg\" \/>\n<meta name=\"author\" content=\"Agota Felhazi\" \/>\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-nyc-industrial-building-sales-december-2022\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-december-2022\\\/\"},\"author\":{\"name\":\"Agota Felhazi\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/bd1ef74130b86a7c6013eaa04b08b28d\"},\"headline\":\"Top 5 NYC Industrial Building Sales\u2014December 2022\",\"datePublished\":\"2023-01-30T11:12:29+00:00\",\"dateModified\":\"2023-02-14T11:40:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-december-2022\\\/\"},\"wordCount\":329,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-december-2022\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/02\\\/0223_CPE_PS_retail.jpg\",\"articleSection\":[\"New York\",\"Northeast\",\"Retail (NYC Spotlight)\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-december-2022\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-december-2022\\\/\",\"name\":\"Top 5 NYC Industrial Building Sales\u2014December 2022 - 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