The submarket reports are an in-depth look at the specific Investment Sales markets in Brooklyn, Bronx, Manhattan, Northern Manhattan and Queens.
We seek to provide our readers with an overview of the market activity, benchmark transactions, and pricing trends that impact each individual real estate market.
3-Story Corner Mixed Use Building:
109 Audubon Avenue
The subject property is a walk-up building that spans 7,617 gross square feet with 115’ of combined frontage. The current configuration includes a ground floor retail space (currently occupied by LabCorp) and 2 floor-through two-bedroom apartments on the second and third floors.
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.
Cypress Hills Vacant Mixed-Use Building:
3025 Fulton Street
The subject property is a 93’ x 63’, 3-story steel and concrete building comprised of 5 commercial units and eight residential units. The retail is completely vacant and the apartment units are fitted out as two-bedrooms throughout the 8 units.