New York Times – Commercial Transactions
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52 West 21st Street (between Fifth Avenue and Avenue of the Americas)
An investor has bought this 1862 five-story walk-up, which was gut-renovated in 2010, and features 5,291 square feet on a 15.08-by-92-foot lot in the Ladies’ Mile Historic District. Its ground-floor retail space is leased to a hair salon, Aerea, until 2021.
Marilynn K. Yee/The New York Times
Buyer: Kan Won Cho
Buyer’s broker: Steve Kim, Kingstone Realty
Seller: Peter Ting
Seller’s broker: Brock Emmetsberger and John Ciraulo, Massey Knakal Realty Services
$268,600 approximate annual rent
32 West 39th Street (between Fifth Avenue and Avenue of the Americas)
A company that licenses fashion, sports and entertainment accessories has signed a seven-year sublease with Care, the humanitarian organization, for the entire 7,900-square-foot third floor in this 14-story building in the garment district.
Subtenant: Concept One Accessories
Subtenant’s broker: Brett Maslin, Adams & Company
Sublandlord’s broker: Susan Kahaner, CBRE
Landlord: 32 W. 39th Midtown Properties
Landlord’s broker: Michael Berger, Colliers International
90 Chambers Street (between Church Street and Broadway)
A five-story mixed-use TriBeCa loft building whose retail space is occupied by Jerry’s Cafe also offers five recently renovated and occupied free-market apartments.
Owner: 90 Chambers Realty
Brokers: Adelaide Polsinelli, Robert Khodadadian and Gary Meese, Eastern Consolidated