Advertisement

SKIP ADVERTISEMENT

Recent Commercial Real Estate Transactions

2-4 Macon Street in Bedford-Stuyvesant sold for $8.3 million.

$8.3 MILLION

2-4 Macon Street (at Arlington Place and Fulton Street)

Bedford-Stuyvesant, Brooklyn

A local private investor has bought this mixed-use five-story block-through walk-up, right, which has been the backdrop for several movies including Spike Lee’s “Crooklyn.’’ There are 22 rent-stabilized apartments, 20 two-bedrooms and two one-bedrooms, as well as ground floor retail spaces occupied by a grocery, sneaker shop and pharmacy, whose entrances are on Fulton Street. The building, which sold for 17.7 times the rent roll, offers a cap rate of 4.3 percent.

Buyer: MT Macon

Seller: 2 Macon Street Associates

Brokers: Matt Cosentino, Eric Satanovsky and Fred Bijou, TerraCRG

$25/SQ. FT.

$62,500 approximate annual rent

20-22 Commerce Street (between Columbia and Richards Streets)

Red Hook, Brooklyn

Shape Studio, a designer and fabricator specializing in custom architectural metalwork and furniture, has signed a five-year lease, with a five-year option to renew, for a column-free 2,500-square-foot space in this brick frame warehouse built around 1924. The building offers 19-foot ceilings and a 20-foot-wide drive-in loading area. The other half of the 50-by-100-foot warehouse is vacant.

Tenant: Jason McDonald doing business as Shape Studio

Landlord: 20-22 Commerce Street

Brokers: Luther Hines and Ilia Fedorov, Ideal Properties Group

Image
28 Bond Street retail space is for lease in NoHo.Credit...Sylvester Zawa

$275/SQ. FT.

$536,250 approximate annual rent

28 Bond Street (between Lafayette Street and the Bowery)

Manhattan

A five-to-15-year lease is available starting Dec. 1 for a 1,950-square-foot ground floor space, with a 1,500-square-foot usable lower level in this 1857 Italianate-style four-story brick walk-up in the NoHo Historic District Extension. Oak, a clothing shop, is in the space, which also offers 23 feet of frontage.

Owner: Saada M. Roberts

Brokers: Brad Cohen and Jon Kamali, Eastern Consolidated



Email: realprop@nytimes.com

A version of this article appears in print on  , Section B, Page 4 of the New York edition with the headline: Transactions. Order Reprints | Today’s Paper | Subscribe

Advertisement

SKIP ADVERTISEMENT