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Recent Commercial Real Estate Transactions

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Recent commercial real estate transactions in New York.
$5.72 MILLION
439 West 21st Street (between Ninth and Tenth Avenues)
Manhattan
A foreign investor has bought this 19-foot-wide, 3,600-square-foot brownstone with six apartments — five studios and one one-bedroom. Half of the apartments are rent-stabilized. The building also offers 1,131 square feet in air rights.
Buyer: Makere Corporation
Seller: The Choukroun Asset Management Trust
Brokers: Peter Von Der Ahe, Joe Koicim, David Lloyd and Logan Markley, Marcus & Millichap
$$15.5 MILLION
241 and 245 Ocean Parkway (between Church Avenue and Beverley Road)
Kensington, Brooklyn
Two adjacent 1923 four-story walk-ups, totaling 36,000 square feet, with an additional 24,000 square feet in air rights, feature 32 apartments — 18 two-bedrooms, 10 three-bedrooms and four four-bedrooms — of which 21 are renovated. The buildings, which share a new boiler, each have a new roof and their own bicycle room.
Seller: Second Sibling Ocean
Brokers: Ron Cohen and Jonathan Hasten, Besen & Associates
$39 /SQ. FT.
$273,000 approximate annual rent
622 Degraw Street (between Third and Fourth Avenues)
Gowanus, Brooklyn
Kick Axe Throwing has signed a 10-year lease for a venue offering individuals and teams a chance to compete in the sport of throwing hatchets at targets, similar to a game of darts, in a 7,000-square-foot, column-free space in this single-story 1971 warehouse with 14-foot-high ceilings. The venue, which plans to serve beer and wine, and may be booked for events, is to open in mid-December.
Tenant: Kick Axe Throwing
Tenant’s Brokers: Michael Cohen and Eddie Mamiye, RKF
Landlord: A Shamosh Realty
Landlord’s Brokers: Jacob Tzfanya, Alex Geisinger, Brad Cohen and Jon Kamali, Eastern Consolidated

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