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

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

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

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

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

18-24, and Reonomy data)

Tags: Investment Sales
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