December 14, 2021

On the Scene: Latest middle market sales

News Recent Closings

Real Estate Weekly

TerraCRG closed on the sale of a mixed-use portfolio in Greenwood Heights totaling $8.6 million. The portfolio includes several industrial properties and a three-story multifamily building. Dan Marks, Daniel Lebor, Matt Cosentino and Adam Tannenbaum represented the seller. The industrial properties comprise four parcels located at 750-758 4th Avenue and 240 24th Street, totaling 25,540 gross square feet. The multifamily building is located at 246 24th Street and includes two residential units for a total of 2,625 gross square feet. The portfolio is across the street from the 25th Street R train station and one block away from the historic Green-Wood Cemetery. HL Dynasty Real Estate Corp. represented the buyer in the transaction.

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