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  • Market Watch  |  Aug 31st
    City Set to Rehab 500 Affordable Apartments
    We would like to wish everyone a safe and restful Labor Day. This week we’re highlighting that the city has identified 27 buildings throughout the city where affordable apartments will be renovated, the surge of Chinese investors participating in the EB-5 visa program, the de Blasio administration’s pledge to eliminate separate entrances at mixed-income projects, and updates on local developments.
  • In Contract  |  Aug 22nd
    211 East 120th Street
    The subject property a one-story warehouse with a curb cut located on the north side of East 120th Street between 2nd and 3rd Avenues. Currently being used as a warehouse, this 1,425 square foot property represents a unique opportunity for owner-users seeking professional space.
  • In Contract  |  Aug 22nd
    3084 Webster and 410-414 East 203rd Street
    The subject property is a development site located on the Southeast corner of East 203rd Street and Webster Avenue. Located within the recently re-zoned Webster Avenue corridor, the R7D zoning allows for approximately 93,000 BSF (As-of-right) and approximately 124,000 BSF with inclusionary housing.
  • Price REDUCTION  |  Aug 18th
    14-23 Broadway
    An exciting development opportunity located in Astoria, Queens, this 25’ x 136’ vacant lot is zoned R7A, R7X and C2-3, which permits 14,500 buildable square feet for a mixed-use or residential development.
  • Property FOR SALE  |  Aug 18th
    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.
  • Market Watch  |  Aug 17th
    New York City Multifamily Transaction Volume Holds Steady in June
    Multifamily transactions remained steady in June while the number of properties traded and the dollar volume of those deals declined at the same time the market saw a slowdown in portfolio sales, according to Ariel Property Advisors’ Multifamily Month in Review New York City for June.
  • Price REDUCTION  |  Aug 15th
    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.
  • In the News  |  Aug 15th
    Bloomberg News
    NYC’s Next Hot Neighborhoods Targeted With Property Funds: ...Purchases of apartment buildings in Brooklyn jumped 67 percent in the first half of 2014 from a year earlier, with Bedford-Stuyvesant, Bushwick and Crown Heights accounting for about a quarter of transactions, according to a report by New York-based Ariel Property Advisors.
  • Market Research  |  Aug 14th
    Multifamily Month In Review: NYC June 2014
    Multifamily transactions remained steady in June while the number of properties traded and the dollar volume of those deals declined at the same time the market saw a slowdown in portfolio sales.
  • Property FOR SALE  |  Aug 13th
    563 West 170th Street
    This prime development site is located in the Washington Heights section of Northern Manhattan, between Saint Nicholas Avenue and Audubon Avenue. The lot size is 25’ x 110’ and enjoys R7-2 zoning (4.0) wide street, allowing for approximately 10,000 buildable square feet and approximately 16,250 buildable square feet if community facility bonus is included.
  • Property FOR SALE  |  Aug 12th
    701 West 135th Street
    Ariel Property Advisors presents this (2) two story commercial building located in the Manhattanville section of Northern Manhattan. Spanning 19,186 square feet, the building is located on the northwest corner of West 135th Street and 12th Avenue. The property consists of three (3) commercial units, of which (2) two are currently occupied by a popular night club and a restaurant and the third unit was recently vacated.
  • Property FOR SALE  |  Aug 12th
    359 7th Street
    Ariel Property Advisors presents an exciting Park Slope development opportunity at 359 7th Street. Located between 5th and 6th Avenues, the property is a 20.5’ wide vacant lot located in a R6B zoning district. The site will be delivered with DOB approved plans, essentially making it shovel ready for the developer or user who buys the property.
 
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