NEW YORK CITY—A mixed-use property in West Harlem spanning 21,395 square feet has been sold by a private investor for close to $10 million. Located at 1774 Amsterdam Ave, the property's seller was represented exclusively by Marcus & Millichap's Peter Von Der Ahe, Scott Edelstein, Seth Glasser and Rafi Moskowitz. The investment specialists also secured and represented the buyer, another private investor.
Greystone has acquired a retail site at 108 Chambers St., in Tribeca for $17 million Ashkenazy Acquisition Corp. The site includes 2,000 square feet of existing ground floor retail with 12,000 square feet of accompanying air rights. Brokerage information on the deal was unavailable at press time.
A 40-unit apartment building at 521-523 W. 156th St. in Harlem has been acquired by Treetop Development as the firm continues to heavily invest in the northern Manhattan rental market. Treetop purchased the property—situated between Broadway and Amsterdam avenue—for just over $6 million, according to Adam Mermelstein, principal. Efram Friedman of Herrick, Feinstein served as attorney for the buyer.
Marcus & Millichap also brokered the sale of a mixed-use property in Brooklyn. Located at 5517 5th Ave., the 6,492-square-foot property has been sold for more than $2 million. John Brennan and Jakub Nowak, from Marcus' Brooklyn office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, also a private investor, was secured by Brennan and Nowak.
A long-term, 5,000-square-foot lease has been signed at 98 Kenmare St. for Spring Street Natural. The eatery's ground-floor and lower level space between Mulberry street and Cleveland place offers 55 feet of sidewalk frontage. James Famularo, a senior director for the retail leasing division at Eastern Consolidated, exclusively represented the landlord in the transaction. Sam Mann, of Cresa New York, represented the tenant.
RFR has signed a lease at 300 E. 64th St. with Barry's Bootcamp. The high-intensity group fitness and training concept will take 5,879 square feet of space for its largest location to date. Jordan Claffey, VP and director of leasing at RFR Retail, made the announcement and represented RFR Retail in the negotiations. Neal Ohm of Neal Cabot Ohm represented the tenant in the deal. The long-term lease covers a portion of the 1st floor and the entire 2nd floor. Barry's Bootcamp is expected to open in early 2016.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
