A package of seven (7) walk-up buildings located in the East Harlem neighborhood of Northern Manhattan.
1622-1632 York Avenue is a prime mixed-use development opportunity with 175’ of retail frontage located on the southeast corner of York Avenue and East 86th Street.
A leasehold interest in an elevatored mixed-use building located on 10th Avenue between West 27th and West 28th Streets.
The Aspen is an eight (8) story, 250,090 square foot elevatored mixed-use building spanning the entire west side of First Avenue between East 100th and 101st Streets.
Ariel Property Advisors:
Recent Loan Closings in the Northeast
Our Capital Services Division recently arranged cash-out refinancing for a 10-unit mixed-use building in the Bathgate section of The Bronx and a 12-unit multifamily property located on 2nd Avenue in Long Branch, New Jersey, as well as acquisition financing for an 8-unit multifamily property located on Brook Street in Sanford, Maine.
4-Story Hamilton Heights Mixed-Use Building:
735 Saint Nicholas Avenue
With its convenient location on the evolving and strengthening St Nicholas retail corridor, and rising residential demand, this asset containing 1 commercial unit and 5 residential units presents investors with a stable in-place cash flow opportunity with future upside.
Bronx CRE market: Increased sales
and pricing are heating the borough up
Real estate investors have recently taken notice of the potentially lucrative opportunities commercial properties in The Bronx offer. Increased commercial sales activity and pricing reflect the borough’s growing attraction as a destination for new businesses and illustrates the market’s growing confidence in The Bronx’s economic prospects.