Here’s what the $10M-$20M NYC investment sales market looked like last week

1.) Abraham Fructhandler’s FBE Limited sold a warehouse in the Mott Haven section of the Bronx at 288 Walton Avenue for $16.8 million. The buyer, rental developer Heatherwood Communities, plans to replace the one-story industrial property with a 170,000-square-foot mixed-use building. Heatherwood owns rental assets in Brooklyn, Queens and Long Island, according to its website. Capital Property Partners’ Daniel Rahmani and Nir Mor represented both the buyer and the seller. 2.) Big City Realty Management […]

from The Real Deal New York