Recent Commercial Real Estate Transactions

Recent Sale

$11.4 MILLION

57 West 86th Street (between Central Park West and Columbus Avenue)

Manhattan

Built in 1929, this four-story, 13,290-square-foot building on the Upper West Side has 12 apartments and one retail space, occupied by a Chase Bank branch. There are two studio, nine one-bedroom and one two-bedroom apartments. One apartment is vacant, and four have outdoor spaces. The building was last sold in 1977.

Buyer: Michael Herzog

Seller: Endeavor Guidance

Seller’s Brokers: Paul Smadbeck, Hall Oster, Teddy Galligan, Conrad Martin, Tim O’Brien and Braedon Gait of JLL Capital Markets

For Sale

$1.25 MILLION

1343 East Gun Hill Road (between Fish and Seymour Avenues)

The Bronx

This 5,278-square-foot, two-story building, which extends through a block in the Laconia neighborhood, was built in 1932. It contains two three-bedroom free-market apartments, one storefront and two offices.

Seller: 1343 Realty

Brokers: Marco Lala, Jack Lala, David Raciti and Michelle Lala of RM Friedland

For Sale

$995 THOUSAND

554 West 165th Street (between Broadway and St. Nicholas Avenue)

Manhattan

Built in 1910, this four-story, 3,680-square-foot townhouse in Washington Heights contains seven single-room-occupancy apartments and one superintendent’s apartment. Two apartments are vacant, and the super will vacate upon a sale.

Seller: The estate of John Horstmann

Brokers: Stephen Wald of Stephen P. Wald Real Estate Associates

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