Bluestone Group

Here’s what the $10M-$20M NYC investment sales market looked like last week Eli and Joseph Tabak team up on a Mott Haven war上海龙凤论坛

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ehouse purchase; a Brooklyn investor picks up 74 units in Longwood

1.) A pair of contiguous mixed-use buildings at 912 And 922 Southern Boulevard in the Bronx sold for $16.1 million. B上海千花网龙凤论坛

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rooklyn-based investor Joel Werzberger, who owns 875 Longwood AvenueAnd 2035 Belmont Avenue 新爱上海同城对对碰论坛

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in the Bronx, purchased the properties from landlord Joel Shafran. The nearly identical buildings are six stories, eac上海龙凤论坛sh1f

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h spanning over 50,000 square feet. They have a combined 66 apartments, mostly rent regulated, and eight retail units.

2.) Eli Tabak’s Bluestone Group, brother Joseph Tabak’s Princeton Holdings and Altmark Capital closed on a deal to buy a Mott Haven warehouse spanning an entire block along Willow Avenue, between East 134th and 135th streets, for $14.1 million. The vacant warehouse at 780 East 135th Street, which totals 84,650 square feet, last sold in 1997 and was used as a moving and storage facility. The new owners are considering converting the five-story building into new artists lofts or a creative office, according to the Commercial Observer, which first reported the sale.

(Source: ACRIS data for closed sales between April新爱上海同城对对碰论坛

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18-24, and Reonomy data)

Tags: Investment Sales
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