Yonkers, NY ERG Commercial Real Estate has sold two adjacent multifamily buildings for $4.55 million. The four-story buildings, at 502 and 508 Van Cortlandt Park Ave. in the McLean Heights neighborhood, features 46 units, totaling 38,948 s/f. The buildings were built in 1927 and 1922. Read More
ERG Commercial Real Estate, a Long Island based commercial real estate firm, delivered a $5-million cash-out refinance loan to the owner of 29 Wyckoff Ave., a fully leased, cash-flowing commercial property in Bushwick, Brooklyn. The loan features a 4.0% fixed rate for five years with a five-year option to renew and a 25-year amortization rate. […]
ERG Commercial Real Estate has brokered the $1.9 million sale of a 13-unit multi-family apartment building in Hempstead, Long Island. The three-story, 7,200 sq. ft. building at 108 Grove Street, was built in 1938. The building is comprised of three one bedrooms and 10 two bedrooms. It is located just off the highly traveled […]
Queens, NY ERG Commercial Real Estate handled the sale of a three-story brick multifamily building in the Corona neighborhood for $980,000. The six-unit rental stabilized building at 40-11 102nd Ave. contains a total of 4,350 s/f. It was built in 1974. Read More
Bohemia, NY ERG Commercial Real Estate delivered the sale of a Long Island industrial flex building for the asking price of $1.5 million. The 5,688 s/f building at 1589 Lakeland Ave., sold for $263 per s/f. The site sits on a 1.1 acre lot with an outside parking lot with 30 spaces. It is zoned for […]
A commercial property in Bohemia has traded for $1.5 million. All County Block & Supply, which sells a variety of stone, pavers, bricks and other masonry products, purchased the 5,688-square-foot building on 1.1 acres at 1589 Lakeland Ave. Read More
Greenvale, NY ERG Commercial Real Estate delivered the sale of a mixed-use two-story building for $725,000. The 4,330 s/f building located at 13 Glen Cove Rd. sold for $167 per s/f. Ryan Lewis of ERG, represented both the seller, Angelo Karatzas and the buyer, Aaron Hakimian of Baaco Properties. Read More