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.
Prime Corner Mixed-Use Building in Boerum Hill: 292-294 Atlantic Avenue
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The subject property is a 7,500 square foot, four (4) story walk-up that features 120’ of prime retail frontage; The building’s nine (9) units consist of one office space, three (3) retail units, and five (5) free market apartments - 100% Occupied.
5-unit Medical Building Fully Occupied: 5205-5207 Church Avenue
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Approximately 14,000 square feet fully leased medical office building; Diverse tenant mix of doctors and physical therapists, with 4 established practices across 8 offices
Coffee & Cap Rates Hosted By TD Bank: Investment Trends in New York City’s CRE Market:
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On February 5th, over 200 real estate professionals gathered at TD Bank’s Conference Center at One Vanderbilt for Ariel Property Advisors’ Coffee & Cap Rates event, ‘Investment Trends in New York City’s CRE Market’.