New York Top Real Estate Deals: Wednesday, Aug. 20
🏆 Residential: A West Village townhouse sale marked the top residential deal recorded in New York City. Elizabeth and Michael Ashworth offloaded a single-family home at 310 West 11th Street for $9.6 million, a smidge above ask. The new owner is an LLC. The Ashworths bought the home in 2010 for $6.8 million then put it on the market in May for $9.5 million with Compass’ Clayton Orrigo and Stephen Ferrara. The 20-foot-wide, four-bedroom townhouse has about 3,400 square feet of interior space with private outdoor space.
🏆 Commercial: The priciest commercial real estate transaction recorded in the Big Apple was for a five-story office building in Soho. An affiliate of Buaron Capital Real Estate took over the more than 17,000-square-foot property at 123 Lafayette Street for $21.8 million after acquiring the building’s mortgage last year and foreclosing on it. The seller was a company tied to First Atlantic Capital, which purchased the site in 2016 for $33.5 million with a $16 million mortgage from Signature Bank.
📊 Commercial: Helene Carneglia sold an industrial site at 651 Fountain Avenue in Brooklyn for $10.8 million to Bethesda, Maryland-based Jadian IOS, which plans to upgrade the property for parking, vehicle rental or utility storage, according to Traded NY. The property, an outdoor industrial storage site with a 6,600-square-foot building, spans more than 77,000 square feet, and the deal works out to about $132 per square foot, according to Traded. The brokers on the deal were David Schechtman, Ikey Betesh and Henry Barnathan with Meridian Capital Group.
📊 Commercial: In Astoria, a 20,000-square-foot, one-story parking garage at 18-20 Steinway Street traded for $7.5 million. The seller was BLS Holdings and the buyer was Mehra Properties. BLS, a transportation company, had owned the site for decades. Pinco Finance holds a $5.8 million mortgage on the property.
📊 Residential: In the West Village, Peter Edge, chairman and CEO of RCA Records, sold his residence at 735 Washington Street to Charlotte McCullagh Grace, a clinical social worker and therapist, for $8.6 million. The property has four bedrooms, five bathrooms and private outdoor space. The recently renovated home has been on and off the market since 2018, when its asking price was $10 million. Edge purchased the townhouse for $4.4 million in 2008. For the latest transaction, the listing agent was Brown Harris Stevens’ David Kornmeier.
📊 Residential: Rudy Giuliani’s co-op sale hit records, along with the buyer’s identity. The buyer of the unit at 45 East 66th Street on the Upper East Side was fashion designer Nicole Hanley Pickett, who was once married to the late banking heir Matthew Mellon. President Donald Trump’s former lawyer put the unit on the market two years ago, seeking $6.5 million for the 10,000-square-foot, three-bedroom residence. He bought the co-op in 2002 for $4.8 million. Serena Boardman with Sotheby’s International Realty had the listing.
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