In July, the NYC multifamily market achieved $293 million in gross consideration across 20 transactions. Comparative to June, there were only 4 fewer sales, representing a 17% decrease in transaction volume. Despite fewer transactions, there was virtually no difference in dollar volume. When analyzing year-over-year metrics, there were 3 more transactions and a 48% increase in building volume this month than in July 2019.
Warehouse with Office in Prime Industrial Location: 8801 Foster Avenue
This industrial warehouse has approximately 30,967 s.f. of ground floor space with 12ft to 18ft ceilings throughout. It is combined with 30,967 s.f of subgrade basement space with ceiling heights ranging between 8ft to 12ft throughout the below grade space.
Vacant Prime Midtown East Development Site | For Sale or Ground Lease: 710 3rd Avenue
Ariel Property Advisors presents 710 3rd Avenue, a prime Midtown East development site located on the west side of 3rd Avenue between 44th street and 45th street. Currently a vacant lot, the flexible C5-3 zoning provides the opportunity to develop a unique property that is ideally situated close to Grand Central Station, the Chrysler Building and the United Nations