By Rosalie R. Radomsky
January 24, 2017



104 East 85th Street (between Park and Lexington Avenues)


A foundation focusing on Jewish educational and cultural programs has bought this vacant 1916 five-story Upper East Side apartment building, with 10 one-bedroom units and 10 studios, next to a building it already owns on the corner, No. 1015 Park Avenue. The building also has 16,307 square feet in air rights.

Buyer: Keren Keshet Rainbow Foundation

Seller: Jonathan Lobatto

Brokers: Peter Von der Ahe, Joe Kocim, David Lloyd and Danny Handweiler, Marcus and Millichap


$16.50/SQ. FT.

$82,500 approximate annual rent

1830 Atlantic Avenue (between Utica and Rochester Avenues)

Crown Heights, Brooklyn

A family-owned custom-cabinet and millwork company, relocating this month from Clinton Hill in Brooklyn, has signed a five-year lease for a 5,000-square-foot space in this 1955 one-story column-free warehouse, part of the 220,000-square-foot Halsey Industrial Complex.

Tenant: Cabinets by Stanley

Tenant broker: Mark Caso, Pinnacle Realty

Landlord: Atlantic Properties II

Landlord broker: Jeffrey Unger, Kalmon Dolgin Affiliates



Chelsea Arts Tower

545 West 25th Street (between 10th and 11th Avenues)


Two condominiums are available, together or separately, in this 22-story 2006 building, a block from the High Line in West Chelsea. Two full floors, at $9.65 million, include a 4,219-square-foot space with a large balcony on the 21st floor, connected to a 1,000-square-foot space with a terrace on the floor above. The other space, 4,883 square feet on the entire 14th floor, is priced at $6.35 million. The owner-occupied spaces can be delivered vacant, or with tenant in place as a sale-leaseback.


Seller: Chelsea Development Group

Brokers: Jeff and Erik Nissani, Eastern Consolidated


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