The activity experienced by the New York City multifamily market during the third quarter of 2018 was very similar to the activity observed during 2Q18, with significant year-over-year increases compared to 3Q17. Institutional-level transactions were recorded at levels exceeding those that were observed last year.
Two Mixed-Use Buildings in Brooklyn Heights:
99 & 103 Atlantic Avenue
A pair of four-story mixed-use buildings located in the Brooklyn Heights Historic District, these properties are 25’ wide individually, span approximately 10,875 gross square feet collectively, and contain 11 residential units, of which 10 are a free market, and two ground-floor retail units.
Corner Commercial & Industrial Opportunity:
150-28, 150-30 Liberty Avenue & 299 Tuckerton Street
Consisting of three contiguous lots that span 22,928 square feet and boast 354 feet of wraparound street frontage, the offering presents a unique opportunity for both owner-users and developers looking to capitalize on the high demand & the lack of supply of NYC commercial/industrial space.
Four Hamilton Heights Mixed-Use Buildings:
3600-3610 & 3621 Broadway
Spanning across 115,514 combined gross square feet, the portfolio contains 82 residential units and 19 retail units. The residential component is comprised of 2 five bedrooms, 33 four-bedroom, 35 three-bedroom, 9 two-bedroom, 2 one- bedroom apartments, and 1 Super’s apartment.