1584 Flatbush Ave

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Here’s what the $10M-$20M NYC investment sales market looked like last week Besen sells in Washington Heights, former Flatbush theater trades for $12M

1584 Flatbush Avenue

In the world of mid-market New York City investment sales last week, Besen Properties sold two Washington Heights bu爱上海同城论坛

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ildings for $13 million and a former theater in Flatbush traded for $12 million.

1.) A two-story commercial building opposite New York City’s largest Target store sold for $12.1 million to an entity managed by Ezra Mizrahi. The triangular-shaped building at 1584上海贵族宝贝

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Flatbush Avenue is the former site of the College Theater and spans 20,100 square feet, with an additional 20,840 buildable square feet available. The sellers are Stanley Liker and a group of investors who have owned the building for about 30 years.

2.) David Chu, the founder of apparel company Nautica, sold a six-story mixed-use building in Chelsea for $14.1 million to David Brand of Great Neck. Chu bought the 24-unit building at 256 West 15th Stre上海千花社区

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et for $13 million in 2014. Also in 2014, Chu sold a six-story townhouse in the Flatiron District that he bought for $27 million after buying it for $9.3 million, and in December he listed an apartment at 15 Central Park West for $19 million.

3.) Besen properties sold two adjacent six-story a上海同城对对碰交友社区

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partment buildings in Washington Heights for $13 million. The two buildings at 2220 and 2224 Amsterdam Avenue have 63 units between them and a few retail stores. The buyer is Amsterdam 2220 LLC and the buildings last s阿爱上海同城

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old for $2.5 million in 2003.

(Source: ACRIS data for closed sales between Mar. 27-Apr. 2, and Reonomy data.)

Tags: Commercial Real Estate, Investment Sales
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