RELATED NEWS102 Commerce St 102 Commerce St: The Nowak Group of Marcus & Millichap has been exclusively retained on the sale of 102 Commerce Street, a two-story 9,200 square-foot industrial building located on the corner of Commerce Street and Imlay Street in the Red Hook section of Brooklyn, NY. The subject property is built…213 Bond…

Achieving a local price record in spite of a tenant’s right of first refusal – $5,500,000 The owner of 2505 Pitkin Ave had leased the property to a City-chartered pre-school for many decades. As the lease neared a long-anticipated expiration, the owner intended to shift the property’s equity into higher profit investments. As a result,…

Achieving Superior Price and Terms through Broad-Reaching Marketing – $4,400,000 After the expiration of their lease with Payless Shoes, the owners of 5024 5th Avenue were torn between leasing or selling the property. Initially, they attempted to lease the storefront, only to find that the market was unable to replicate their previous rent. Meanwhile, unsolicited…