Recent Commercial Real Estate Transactions

Recent commercial real estate transactions in New York.

By Isabella Paoletto

Recent Sale


12-22 and 12-26 30th Avenue (between 12th and 14th Streets)


This five-story apartment building in Astoria has 32 one-bedroom apartments and four studios, totaling 39,725 square feet. The property was built in 2009 and last changed hands in 2011. Six apartments are vacant, and all are rent stabilized until 2035.

Buyers: Fozan and Asra Pirzada

Seller: View Property Management

Broker: Diane Kantzoglou of Bond New York Properties

Recent Sale


5501 Glenwood Road (at East 55th Street)


Built in 1949, this single-story building in East Flatbush has eight retail spaces, all occupied. The 12,270-square-foot building, which has a parking lot that is 10,000 square feet, last changed hands more than 70 years ago.

Buyer: Leslie Grant

Seller: 1501 Glenwood Inc.

Brokers: Dan Marks, Daniel Lebor and Rob Finnerty of TerraCRG

For Sale


12 Wilson Avenue (at Noll Street)


Built in 1931, this three-story building in Bushwick has one retail space and five apartments, totaling 2,750 square feet. The building, which was renovated in 2016, also includes a basement. The retail space is occupied by a smoke shop, and two apartments are vacant. The building last changed hands in 2016.

Seller: 12 Wilson L.L.C.

Broker: Daniel Barcelowsky of Evergreen Realty & Investments

Recent Sale


30 Warren Street (between Church Street and Broadway)


This 3,086-square-foot, 12-story commercial building in TriBeCa was built in 2020. At $3,888 per square foot, the sale price is the highest per square foot for any retail condominium in the TriBeCa market in the last year. The building will be leased to Spectrum Cable.

Buyer: KPG

Seller: Cape Advisors

Brokers: Eric M. Anton and Nelson Lee of Marcus & Millichap

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