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  • Property FOR SALE  |  Apr 17th
    267 West 139th Street
    The building is a 42’ x 88’ mixed-use building comprised of three (3) ground floor commercial units and six (6) residential units. All residential units are three-bedrooms and two-bathrooms in layout. The residential units are split evenly with three (3) units operating at free market, and three (3) operating with rent controlled status.
  • In Contract  |  Apr 16th
    755 Jackson Avenue
    Ariel Property Advisors is pleased to present 755 Jackson Avenue, a five (5) story multi-family building located on the west side of Jackson Avenue between East 156th and East 158th Streets in the Melrose section of The Bronx. 755 Jackson Avenue consists of 11 residential units all of which are spacious two-bedrooms.
  • In the News  |  Apr 15th
    What’s driving NYC’s top emerging markets?
    Ariel Property Advisors EVP Vic Sozio says the land prices he’s seeing in that part of town are a product of the last few years. At the peak of the last cycle in 2007, Vic says land was trading for around $130s/BSF for residential sites. Vic’s currently getting offers for over $200/BSF for a site on East 122nd Street.
  • Price REDUCTION  |  Apr 14th
    543 Marcy Avenue
    This investment property is a 25’ x 75’ vacant lot and is zoned R6A/C2-4. This zoning allows for both residential and commercial development. The buildable SF as of right is 5,625, but the owner will deliver the site with approved plans for 6,359 SF, not including the basement.
  • Price REDUCTION  |  Apr 14th
    706 Grand Street
    This property is a 4-story, mixed-use building located on one of East Williamsburg’s busiest retail corridors. It’s retail component offers roughly 1,400 square feet. The residential unit mix is comprised of one 1-bedroom and five railroad 2-bedroom units. All of the residential units are on month-tomonth leases and the retail space will be delivered vacant.
  • Transaction CLOSED  |  Apr 13th
    2381 Belmont Avenue
    A newly constructed, mixed-use building located on the west side of Belmont Avenue between East 186th and East 187th Street in the Belmont section of The Bronx, the ground floor and second floor are commercial units, which are currently being rented to the same non-profit tenant, while the residential unit mix consists of seven (7) two-bedroom apartments.
  • Market Watch  |  Apr 12th
    Sites in Queens and the Bronx Targeted for State Economic Development Program
    This week we’re highlighting Governor Cuomo’s announcement designating sites in Queens and the Bronx as Brownfield Opportunity Areas, the latest office and residential reports, and neighborhood news.
  • Price REDUCTION  |  Apr 9th
    436 West 20th Street
    Ariel Property Advisors presents this 24.75’ wide, 10,000 square foot, five (5) unit 19th century luxury elevatored building prime for a condominium or single family conversion. Situated on a prime West Chelsea block, the property is located on the south side of West 20th Street, between 9th and 10th Avenues, across from the serene Episcopal Seminary Gardens, neighboring the historic Cushman Row, and a block from landmarked New York City Highline.
  • Market Watch  |  Apr 5th
    New York City’s Population Growing Faster than Expected
    This week we’re highlighting New York City’s growing population, the Planning Department’s revised zoning proposal, updates on new developments, the latest U.S. jobs report, and sales reports for Manhattan and Brownstone Brooklyn.
  • Transaction CLOSED  |  Mar 30th
    523 West 135th Street
    This property is a 40’ wide, five (5) story residential building located on the north side of West 135th Street between Amsterdam Avenue and Broadway. The building contains 21 residential units in total, with a unit mix of four (4) three-bedroom units and seventeen (17) two-bedroom units.
  • Market Watch  |  Mar 29th
    Report Examines the Economics of Mandatory Inclusionary Zoning in NYC
    This week we’re highlighting an analysis of the city’s Mandatory Inclusionary Zoning program, a report on 2014 residential permits, the proposed water and sewer rate hike, more clues on the timing of interest rate increases, and updates on developments throughout the city.
  • Transaction CLOSED  |  Mar 27th
    3860 East Tremont Avenue
    A single tenant tax payer property located on the northwest corner of East Tremont Avenue and Cross Bronx Service Road North. For retail investors, the asset has tremendous upside as the 30 year existing NNN tenant pays approximately $16/SF.
 
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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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