Recent Commercial Real Estate Transactions

Recent Sale

$2.9 MILLION

68 West 85th Street (between Columbus Avenue and Central Park West)

Manhattan

This five-story, 5,558-square-foot walk-up on the Upper West Side has nine apartments: eight studios and a one-bedroom apartment. Three of the apartments are rent-stabilized. The property also features a south-facing garden, a fourth-story outdoor space and a community roof deck.

Buyer: CJX Enterprises

Seller: Stout family

Brokers: Hall Oster, Paul Smadbeck, Teddy Galligan, Conrad Martin and Braedon Gait of JLL Capital Markets

Recent Sale

$8.75 MILLION

2970 Third Avenue (at East 153rd Street)

The Bronx

This 15,000-square-foot, single-story building in a shopping center in South Bronx was built in 1937. The building was delivered vacant, and the owner has plans to redevelop it to include new floors of retail space.

Buyer: 5 Boro Real Estate Partners

Seller: The Jackson Group

Broker: Steve Lorenzo of Lee & Associates NYC

Recent Sale

$6.25 MILLION

52 Stone Street (between Hanover Square and Broad Street)

Manhattan

This four-story, 8,162-square-foot building in the financial district has three free-market apartments — two two-bedrooms and one three-bedroom — and a ground-floor bar, Stone Street Tavern.

Buyer: Ronan Downs

Seller: Goldman Properties

Brokers: Marc Palermo and Louis Puopolo of Douglas Elliman

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