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  • Transaction CLOSED  |  Aug 1st
    369-371 West 123rd Street
    The subject property consists of two adjacent 16.25’ wide, 3,308 square foot vacant SROs located on West 123rd Street between Morningside and Manhattan Avenues. The buildings combine for 6,616 square feet and have approximately 6,428 square feet of air rights.
  • Transaction CLOSED  |  Aug 1st
    1227 Broadway
    This property is a four (4) story mixed-use building located on the east side of Broadway between Van Buren Street and Greene Avenue in Bushwick. The building contains six (6) free market residential units and one (1) retail unit.
  • Market Research  |  Jul 31st
    Manhattan 2014 Mid-Year Sales Report
    For the first half of 2014, the Manhattan real estate market (south of E96th and W110th St) showed tremendous growth in total dollar volume, despite experiencing only a moderate increase in the total volume of transactions and properties traded when compared to the first half of 2013.
  • Market Research  |  Jul 31st
    Northern Manhattan 2014 Mid-Year Sales Report
    Following a frantic pace at the end of 2013 driven by a number of large multifamily portfolio sales, Northern Manhattan sales activity retreated to more normal levels during the 1H14. Pricing, however, continued to reach new highs across all product types, overcoming previous records seen during the peak in 2007.
  • In Contract  |  Jul 30th
    508 West 149th Street
    A 17’ wide newly renovated townhouse located on the south side of West 149th street between Broadway and Amsterdam Avenue, the building was recently gut renovated to convert from an SRO to a 4 family dwelling, and contains new c-joist beams, metal framing, electrical, central HVAC, plumbing and building-wide sprinkler system.
  • Market Research  |  Jul 30th
    Queens 2014 Mid-Year Sales Report
    While 1H14 Queens investment property sales slowed compared to a bustling end of 2013, activity still represented a marked improvement year over year.
  • Property FOR SALE  |  Jul 29th
    419-423 Eldert Street & 1002 Wyckoff Avenue
    The subject property is a single-story 50’ x 100’ brick warehouse located between Wyckoff and Irving Avenues in Bushwick. The site also includes 1002 Wyckoff Avenue, which is a 5’ wide alley that offers egress from the property to Wyckoff Avenue. Currently utilized for storage, the property can be delivered vacant.
  • Market Research  |  Jul 29th
    Bronx 2014 Mid-Year Sales Report
    During the 1H2014 The Bronx saw 175 transactions comprised of 297 properties totaling $1.15 billion in gross consideration, which represents a 33% increase in transaction volume and a significant 92% increase in dollar volume compared to 1H2013.
  • Market Research  |  Jul 28th
    Multifamily Quarter In Review: NYC Q2 2014
    Multifamily prices continue to rise given strong demand, but the number of transactions taking place stabilized in the second quarter of this year. The 2Q14 figures represent a slight improvement on a year-over-year basis, but represent the lowest quarterly sales activity since the second quarter of 2013.
  • Market Watch  |  Jul 27th
    Brooklyn Leads City With 884 Investment Property Sales In 1H2014
    In the first half of 2014, total investment property sales in Brooklyn rose 38 percent from the first half of 2013 to 884, nearly twice the number of investment property sales in the city’s second most active submarket of Queens, according to Ariel Property Advisors’ Brooklyn 2014 Mid-Year Sales Report.
  • Property FOR SALE  |  Jul 24th
    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.
  • Property FOR SALE  |  Jul 24th
    215 Buffalo Avenue
    This property is a six (6) unit multifamily building located on Buffalo Avenue between Sterling Place and Park Place in the Northern Crown Heights neighborhood of Brooklyn. Each of the apartments features a two (2) - bedroom layout. The building is brick construction and has been maintained, featuring a gas boiler and updated electric.
 
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