The New York City multifamily market started off the second quarter of 2018 registering the lowest transaction, building, and dollar volume of the year. During April, 31 transactions involving the sale of 41 buildings for a total consideration of $431.43 million were recorded, representing an overall decline when compared to the previous month’s trailing 6-month averages.
Thursday, July 26th:
Coffee & Cap Rates - Register Now
Join Ariel Property Advisors & AmTrust Title at Club 101, 101 Park Avenue, for a networking breakfast and panel discussion titled “Challenges & Opportunities in Today's Market”.
145,997 SF Development Site:
One Bennett Park - 29 Overlook Terrace - UCC Sale
Located in Hudson Heights, just steps from the subway, this site will position buyers to take full advantage of being the first, and sadly the last new high-rise residential opportunity in the area.
Marine Park Commercial Building:
2124 Flatbush Avenue
Rising two stories from the street with frontage on Flatbush Avenue, this property provides 3,800 square feet of space configured as one commercial unit on a 20’ x 100’ lot. In addition, the property has a full basement featuring an employee lounge and full kitchen.