{"id":1004707505,"date":"2024-03-29T14:00:00","date_gmt":"2024-03-29T22:00:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004707505"},"modified":"2024-04-02T04:25:01","modified_gmt":"2024-04-02T12:25:01","slug":"top-nyc-retail-building-sales-february-2024","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-nyc-retail-building-sales-february-2024\/","title":{"rendered":"Top NYC Retail Building Sales \u2013 February 2024"},"content":{"rendered":"\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a41a1fa52465&quot;}\" data-wp-interactive=\"core\/image\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"266\" data-attachment-id=\"1004707506\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-nyc-retail-building-sales-february-2024\/0424_cpe_ps_retail\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/0424_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=\"0424_CPE_PS_retail\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/0424_CPE_PS_retail.jpg?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/0424_CPE_PS_retail.jpg\" alt=\"\" class=\"wp-image-1004707506\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/0424_CPE_PS_retail.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/0424_CPE_PS_retail.jpg?resize=300,100 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/0424_CPE_PS_retail.jpg?resize=768,255 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Source: PropertyShark, a Yardi Systems Inc. company<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=137917\" target=\"_blank\" rel=\"noreferrer noopener\">657 5th Ave., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $11,400,000<\/p>\n\n\n\n<p>Lane Capital Partners sold the 23,400-square-foot, three-story retail property in Brooklyn\u2019s neighborhood of Greenwood Heights to a private investor. Completed in 1930 and most recently renovated in 2014, the building previously changed hands in 2020 for $7.9 million.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=186532\" target=\"_blank\" rel=\"noreferrer noopener\">107 S. 6th St., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $10,000,000<\/p>\n\n\n\n<p>A private individual sold the 20,150-square-foot asset to three entities sharing ownership interests, all leading to private investors. S3 Capital provided acquisition financing in the amount of $7 million. The four-story Williamsburg property came online in 1920 and was most recently upgraded in 2007.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=956072\" target=\"_blank\" rel=\"noreferrer noopener\">276 Starr St., Brooklyn<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $6,500,000<\/p>\n\n\n\n<p>Churches United for Fair Housing, a non-profit organization that provides affordable housing services and social resources, acquired the 13,500-square-foot, two-story retail building within the Bushwick neighborhood from a private seller. Nonprofit Finance Fund provided a total of $6.8 million in financing via two separate loan agreements.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=971224\" target=\"_blank\" rel=\"noreferrer noopener\">164-10 Crocheron Ave., Queens<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $6,000,000<\/p>\n\n\n\n<p>The 13,180-square-foot, two-story retail building traded between two private investors. Webster Bank National Association provided $3.9 million in financing via an acquisition loan and a consolidation loan agreement. The 1935-built property is within Queens\u2019 neighborhood of Murray Hill.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.propertyshark.com\/mason\/Property-Report\/?propkey=1220\" target=\"_blank\" rel=\"noreferrer noopener\">305 Church St., Manhattan<\/a><\/li>\n<\/ul>\n\n\n\n<p>Sale Price: $5,250,000<\/p>\n\n\n\n<p>Prosper Property Group acquired the 2,514-square-foot TriBeCa retail asset from a private seller. Completed in 1954, the two-story building has some notable tenants such as Lauderdale County Bank Inc. and Belle Reve, among others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A roundup of recent major transactions put together by PropertyShark.<\/p>\n","protected":false},"author":1269,"featured_media":1004707506,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22251,1600,10,21749,37790],"tags":[],"class_list":["post-1004707505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-focus","category-new-york","category-northeast","category-retail","category-rc-retail-nyc-spotlight"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top NYC Retail Building Sales \u2013 February 2024 - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"A roundup of recent major transactions in New York City put together by PropertyShark. 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