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  • 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.
  • Property FOR SALE  |  Oct 23rd
    698 2nd Avenue
    A unique Murray Hill investment or development opportunity located on the east side of Second Avenue between East 37th and East 38th Streets, this property is currently a 4-story commercial building spanning approximately 4,356 sq. ft. The existing building contains one tenant occupying both the first and second floors, while the third and fourth floors are vacant.
  • In Contract  |  Oct 21st
    2475 Hughes Avenue
    Ariel Property Advisors is pleased to present this multi-family building located on the west side of Hughes Avenue between East 188th and East 189th Streets in the Belmont section of The Bronx. Spanning approximately 15,000 square feet, 2475 Hughes Avenue contains 20 residential units, all of which are rent stabilized.
  • Market Watch  |  Oct 19th
    New York City Multifamily Dollar Volume Rises 16 Percent In August 2014 Compared To August 2013
    The dollar volume of New York City multifamily sales rose 16 percent in August 2014 compared to August 2013, while transaction volume fell by 19 percent, according to Ariel Property Advisors’ Multifamily Month in Review for August.
  • Market Research  |  Oct 17th
    Multifamily Month In Review: NYC August 2014
    New York City multifamily figures saw a moderate increase in year-over-year dollar volume in August, while transaction and building volume experienced decreases over the same period as the month was characterized by single-asset transactions rather than institutional sales.
  • Property FOR SALE  |  Oct 17th
    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.
  • Price REDUCTION  |  Oct 16th
    6 North 3rd Avenue AKA 10 East Prospect Avenue
    Ariel Property Advisors is pleased to present 6 North 3rd Avenue / 10 East Prospect Avenue, a newly constructed two (2) story, 20,000 square foot commercial building located on the southwest corner of East Prospect Avenue and North 3rd Avenue in Mount Vernon.
  • Price REDUCTION  |  Oct 16th
    249 East 2nd Street
    Ariel Property Advisors is pleased to present this 25’ wide, twenty (20) unit, 7,050-square-foot walk-up building with an entrance on East 2nd Street between Avenue’s B and C. A block-through property with great light exposure in the rear apartments from East Houston Street, the building contains 1,628 square feet of air rights.
  • Market Watch  |  Oct 12th
    New Policy Allows Sale of Market Rate Rentals in 80-20 Buildings
    This week we’re highlighting a new policy implemented by the Attorney General’s office, an update on major transportation projects and developments, and the latest property sales reports.
  • Transaction CLOSED  |  Oct 8th
    359 7th Street
    359 7th Street is an exciting Park Slope development opportunity. Located between 5th and 6th Avenues, the property is a 20.5’ wide vacant lot located in a R6B zoning district.
  • Property FOR SALE  |  Oct 7th
    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.
  • Property FOR SALE  |  Oct 7th
    1255 Jefferson Avenue
    The subject property is a 38.25’ x 100’ development site located on Jefferson Avenue between Wilson and Central Avenues in Bushwick. Zoned R6, its 2.2 FAR allows approximately 8,415 buildable square feet, as-of-right, for residential usage. The site currently has a 2-family, 3-story building on it, which will be delivered vacant.
 
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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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