Recent Commercial Real Estate Transactions

Recent Commercial Real Estate Transactions
Broker: Michael J. Ferrara, Brax Realty
$145,962 approximate annual rent
1237-1239 Broadway (between West 30th and 31st Streets)
A lingerie manufacturer and wholesaler has signed a five-year lease for a 2,754-square-foot space
that has a view of the Empire State Building for its offices and showroom on the 15th floor of this 16-story NoMad building.
Tenant: Mystique International
Tenant’s Broker: Robert Ancona, the Kaufman Organization
Landlord: 1239 Operating c/o Justin Management
Landlord’s Broker: Adam Justin, Justin Management
308 East 109th Street (between First and Second Avenues
186-188 First Avenue (between East 11th and 12th Streets)
A local investor bought these two five-story East Village walk-ups, totaling 14,900 square feet with 50 feet of frontage.
They offer 16 two-bedroom apartments, which are mostly free-market, as well as three retail spaces
occupied by a computer store, Handsome Dan’s candy shop and Uogashi, a Japanese restaurant.