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.
Corner Boutique Development Site in East Harlem: 1994 Madison Avenue
MAR
18
Approximately 14,000 buildable sq. ft. on the northwest corner of Madison Avenue and East 127th Street; Perfect condominium location with sellouts averaging $1,200 in the area
8 Unit Walk-Up Building with 4 Renovated Free-Market Apartments: 16 Stanhope Street
MAR
14
4-story walk-up building with 8 apartments. 4 rent-stabilized and 4 free-market units; Protected Tax Class 2B - limits property tax increases year over year
Prime Location For A Boutique Condominium Development: 8712 Bay Parkway
MAR
14
This development opportunity allows for a 6-story mixed-use building with about 13,500 BSF with community facility and condominium apartments; Approximately 11,600 SF residential ZFA; Approximately 18,560 SF facility ZFA