Recent Commercial Real Estate Transactions

Recent Sale

$4.19 MILLION

223 Fifth Avenue (at President Street)

Brooklyn

Built in 1920, this five-story, 12,240-square-foot building in Park Slope has four retail spaces and 12 apartments: four four-bedroom, four three-bedroom and four one-bedroom. Eleven of the apartments and all of the commercial spaces are occupied. The building last changed hands 37 years ago.

Buyer: Prospect Acquisitions

Seller: Unipres

Broker: Jack Beida of Eastern Union

Recent Sale

$41.5 MILLION

975 Nostrand Avenue (between Montgomery Street and Empire Boulevard)

Brooklyn

This 59,633-square-foot, block-through property in Crown Heights includes 240 feet of frontage on Nostrand Avenue and 250 feet on Clove Road. The property has a one-story building, occupied by Associated Supermarkets. Built in 1970, it last changed hands in the 1970s.

Buyer: Hudson Companies

Seller: Midwood Investment & Development

Brokers: Daniel O’Brien, Adam Spies, Joshua King, Marcella Fasulo and Caroline Hodes of Cushman & Wakefield

For Sale

$100 MILLION

515 Broadway (between Spring and Broome Streets)

Manhattan

A 30,000-square-foot, block-through retail co-op is for sale in this SoHo building, which was built in 1884. The co-op, one of three in the building, has three floors — a ground floor, a lower level and a subbasement — and is occupied by the fast-fashion retailer H&M, which will be vacating in 2022.

Seller: 515 Bwy L.L.C.

Broker: Adelaide Polsinelli of Compass

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