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Following a robust second quarter, sales activity in New York City's multifamily market slowed in the third quarter with dollar volume declining by 17% quarter-over-quarter to $2.33 billion and transactions falling by 16% to 248, according to Ariel Property Advisors’ Q3 2024 Multifamily Quarter in Review New York City.
2 Adjacent Industrial Properties with Mixed-Use Rezoning Potential in DUMBO: 265-275 Front Street
JAN
17
Consists of 2 adjacent lots on the northeast corner of Front and Gold Streets in DUMBO; Currently, 265 Front Street is a 6,000 SF lot improved by a 1,800 SF garage, while 275 Front Street is a 10,575 SF warehouse with an additional 814 SF mezzanine office space. Both will be delivered vacant.
27,792 SF Vacant Commercial Building with Air Rights: 3522 Webster Avenue
JAN
17
Three floor commercial building located on the East side of Webster Avenue, just off the bustling corner of Webster Avenue & East Gun Hill Road in the Norwood section of the Bronx; The 27,792 SF (Approx.) building (including below grade space) is currently vacant, with roughly 9,200 square foot floor plates across 3 floors, this is a perfect opportunity for an owner-user
