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  • Property FOR SALE  |  Oct 31st
    432-434 West 163rd Street & 612-618 West 182nd Street
    432-434 West 163rd Street is a 50’ wide, six (6) story walk-up building located on the south side of west 163rd Street between Amsterdam and Edgecombe Avenue. Containing thirty (30) two-bedroom residential units and one (1) super’s unit in the basement, the property is currently generating rents of approximately $18 per residential square foot.
  • Price REDUCTION  |  Oct 31st
    256 Washington Street
    Ariel Property Advisors presents 256 Washington Street, an 84,000 square foot flex-industrial commercial property located between South Columbus Avenue and Lyons Place in the Loft District of Mount Vernon. 256 Washington consists of 3 free standing buildings and a total of 24 units situated on 1.59 acres.
  • Price REDUCTION  |  Oct 31st
    491 Myrtle Avenue
    Ariel Property Advisors has been retained to sell this 20.5’ x 84’ vacant lot located in the Clinton Hill section of Brooklyn. Situated between Ryerson and Hall Streets and across from the new Silverstone Property Group project, this lot offers a developer an opportunity to build a luxury multifamily building in a very high demand area.
  • Property FOR SALE  |  Oct 30th
    143-18 Liberty Avenue
    Ariel Property Advisors presents a 25,602 buildable square foot development site in Jamaica, NY. This centrally located development site has over 100’ of frontage along Liberty Avenue and 75’ of frontage along Pinegrove Street .
  • Property FOR SALE  |  Oct 30th
    25 Hope Street
    Ariel Property Advisors presents an exciting prime Williamsburg development opportunity at 25 Hope Street, located between Roebling and Havemeyer Streets. The site is conveniently located just 5 blocks and a 5 minute walk from the Bedford Avenue L Train, the first stop out of Manhattan.
  • Transaction CLOSED  |  Oct 30th
    100 Stevens Avenue
    A seven story, 28,000 square foot office building located on the southwest corner of Stevens Avenue and Wilson Place in Mount Vernon, this building consists of thirteen office units and four ground level retail units and offers investors an opportunity to purchase a substantial commercial property in the heart of Mount Vernon.
  • Market Research  |  Oct 29th
    Multifamily Quarter In Review: NYC Q3 2014
    New York City saw a resurgence of institutional deals in September, propelling 3Q figures to the strongest quarterly sales volume since the 4Q of 2012. For the 3Q14, New York City saw 213 transactions comprised of 330 buildings totaling $3.258 billion in gross consideration.
  • Price REDUCTION  |  Oct 27th
    141 Chrystie Street
    Ariel Property Advisors is pleased to present this 23.08’ wide, 4,130 square foot, two story retail building with 11,678 square feet of air rights (as-of-right), located on the west side of Chrystie Street between Delancey and Broome Streets. A 2,520 square foot, 105.5’ deep lot, the site has 16,380 buildable (6.5 FAR), as-of-right, and has an inclusionary housing bonus of up to 8.5 FAR.
  • In Contract  |  Oct 27th
    567-569 West 125th Street
    Ariel Property Advisors presents a 50’ wide, six (6) story mixed-use property located across the street from the new Columbia University campus under construction. The building contains 24 units in total, of which there are two (2) retail units and twenty-two (22) residential apartments. The residential units consist of one (1) 1-bedroom apartment, one (1) 4-bedroom apartment, and twenty (20) 3-bedroom apartments.
  • Market Watch  |  Oct 26th
    NYC Construction Spending Close to Boom Era
    This week we’re highlighting the rise in New York City construction spending, increase in existing home sales nationwide, new public health restrictions, and updates on projects throughout the city.
  • In Contract  |  Oct 24th
    2252 Bassford Avenue
    Ariel Property Advisors presents 2252 Bassford Avenue, a multi-family building located on the east side of Bassford Avenue between East 182nd and East 183rd Streets in the Belmont section of The Bronx. Spanning approximately 9,000 square feet, 2252 Bassford Avenue contains 8 residential units, all of which are spacious 2-bedrooms with potential to convert to 3-bedrooms and is currently operating at $16 per residential square foot.
  • In Contract  |  Oct 24th
    1115 College Avenue & 1249 Webster Avenue
    Ariel Property Advisors is pleased to present this pair of multifamily properties in the Fleetwood-Concourse Village section of The Bronx. 1115 College Ave is a 6-story elevator building which underwent a moderate rehab in 2004, while 1249 Webster Ave is a 5-story walk-up building which underwent a full gut rehab that same year.
 
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Ariel Property Advisors LLC
122 East 42nd Street
Suite 1015
New York, NY 10168
Phone: 212.544.9500
Fax: 212.544.9501
Email: info@arielpa.com
 
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