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  • Market Watch  |  Jul 5th
    NYC Rent Guidelines Board Votes on Historic Rent Freeze
    This week we’re highlighting New York City’s first rent freeze, U.S. job growth, and the NYU Greenwich Village expansion.
  • Price REDUCTION  |  Jul 2nd
    211 Bond Street
    Ariel Property Advisors presents 211 Bond Street, a vacant commercial building between Baltic and Butler Streets in the exciting Brooklyn neighborhood of Gowanus. The property is 20 feet wide and 75 feet deep and contains parking and warehouse/office space on the ground floor, and office space on floors 2 and 3. Each floor boasts high ceilings and favorable layouts.
  • Transaction CLOSED  |  Jul 1st
    2376-2378 and 2384-2386 Hoffman Street
    This offering presents a pair of walk-up buildings located on the east side of Hoffman Street between 184th and 187th Streets in the Belmont section of The Bronx.
  • Transaction CLOSED  |  Jun 30th
    286 Clinton Avenue
    Ariel Property Advisors presents this prime five–story corner residential building located at the intersection of Clinton Avenue and DeKalb Avenue in Brooklyn’s Clinton Hill Historic District. The building contains thirty-five (35) residential units in total, with a unit mix of eleven (11) two-bedroom units, nineteen (19) one-bedroom units, and five (5) studio units.
  • Transaction CLOSED  |  Jun 30th
    902-906 Jennings Street
    The subject property is a 114’ x 134’ lot in the Morrisania section of The Bronx. It provides developers approximately 42,000 BSF (As-of-right) and approximately 58,000 BSF with a Community Facility as part of the mixed-use zoning.
  • In Contract  |  Jun 30th
    The Continental Portfolio
    Ariel Property Advisors is pleased to present the Continental Portfolio, a prime Bronx package consisting of nine walk-up and four elevatored apartment buildings, for a total of thirteen buildings containing 612 units.
  • In Contract  |  Jun 29th
    2282 2nd Avenue
    Ariel Property Advisors presents a prime corner development opportunity located at 2nd Avenue and East 117th Street in East Harlem. The site currently contains a 2,000 square foot, single-story retail building that nearly occupies the entire 22’ x 81’ lot. This building will be delivered vacant. R8A/C1-5 zoning (6.02 FAR) provides approximately 12,191 total buildable square feet (as-of-right) for mixed-use development, allowing developers to capitalize on the area’s rapidly appreciating residential and retail markets.
  • In Contract  |  Jun 29th
    161 East 96th Street
    Ariel Property Advisors presents this prime 25’ wide multifamily building with future development rights on the Upper East Side. Located between Lexington and Third Avenues just steps away from the #6 train. The building currently consists of 9,160 square feet and contains nineteen (19) large 3-room studio units.
  • Transaction CLOSED  |  Jun 29th
    402-422 Snediker Ave and 485-515 Van Sinderen Ave
    This industrial compound consists of 2 lots and 5 buildings which span from Snediker Avenue to Van Sinderen Avenue. The total square footage of the buildings are 33,500 of which approximately 9,250 SF are on the second floor. Currently being used as a furniture manufacturer and distributor, the property is prime for any industrial use or work-live opportunity.
  • Transaction CLOSED  |  Jun 29th
    876 Bergen Street
    This property is a 24’ vacant lot zoned R6 located between Classon and Franklin Avenues in the neighborhood of Prospect Heights. This block and the surrounding area are all being redeveloped and new condominium and rental buildings are being constructed.
  • Market Watch  |  Jun 28th
    New York State Legislators Reach Deal On 421a, Rent Regulations
    This week we’re highlighting the deal that will extend the 421a tax incentive program and state rent regulations, NYCHA’s apartment renovation problems, and the record number of rent-burdened Americans.
  • Property FOR SALE  |  Jun 23rd
    179 East 117th Street
    A four (4) story, 19’ wide townhouse located on the north side of East 117th Street between Lexington and 3rd Avenues in East Harlem, this building contains four (4) floor-through apartments, all of which are free market. All units can be delivered vacant and the building enjoys approximately 3,798 squarefeet of air rights, allowing for considerable development potential.
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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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