Recent Commercial Real Estate Transactions

Recent Sale


1652 Norman Street (between Cypress and Wyckoff Avenues)


This three-story, 3,780-square-foot building in Ridgewood was built in 1931. It has five free-market apartments — one four-bedroom, two three-bedrooms and two two-bedrooms — and a garage. Three apartments were vacant at the time of the sale.

Buyer: Ronald Chua

Seller: George McBean

Brokers: Derek Bestreich, Steve Reynolds, Brian Davila, Tom Reynolds and Sean Mashihi of Bestreich Realty Group

Recent Sale


98 Forsyth Street (between Broome and Grand Streets)


Built in 1900 and renovated in 2005, this five-story, 12,800-square-foot building in the Bowery has four commercial units, one live-work space, three two-bedroom apartments and a basement. With the exception of the live-work space, which is occupied by an artist, the building was delivered vacant.

Buyer: YYY Realty

Buyer’s Broker: Said Boukhalfa of Marcus & Millichap

Seller: 98 Forsyth Corporation

Seller’s Broker: Teddy Galligan of JLL

For Sale


88 and 90 White Street (between Cortlandt Alley and Lafayette Street)


This site consists of two adjacent buildings in Chinatown. The five-story, 9,350-square-foot building at 88 White Street was built in 1890 and has two commercial floors; three two-bedroom, full-floor apartments; and a basement. The third-floor apartment is occupied and rent-stabilized; the other spaces will be delivered vacant. The two-story, 10,500-square-foot building at 90 White Street was built in 1915 and includes a mezzanine level. Its sole tenant, the Hugh O’Kane Electric Company, operated there for more than 70 years. The building will be delivered vacant.

Seller: 88/90 White St Corporation

Brokers: Stephen Dadourian and Jonathan Buerger of B6 Real Estate

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