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213-04 Northern Boulevard Trades for $23.5M With Significant Development Rights
First Pioneer Properties and ABS Partners Real Estate have acquired 213-04 Northern Boulevard in Bayside, Queens, for $23.5 million, adding a commercial property with substantial unused development rights to their New York portfolios. According to Commercial Observer, Levy Properties sold the one-story property, which currently contains approximately 24,000 square feet of built space and is occupied by an urgent care medical office and Bebeang Baby Store. What makes the trans
ARCFE U.S.
Aug 173 min read
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Terra Developers Completes $28M 500 Columbus Avenue Acquisition
Terra Developers has completed a $28 million 500 Columbus Avenue acquisition on Manhattan’s Upper West Side, adding a mixed-use property one block from Central Park to its New York portfolio. According to Commercial Observer, longtime owner CKMR Corporation sold the five-story property to Terra Developers. The building contains approximately 35,300 square feet at the northwest corner of West 84th Street and Columbus Avenue. The transaction was financed with a $25 million loan
ARCFE U.S.
Aug 103 min read
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