Ruby Washington/The New York Times

April 24th, 2013, by Rosalie R. Radomsky

Recent Sale

$22.9 MILLION
Tilden Hall Residence

2520 Tilden Avenue (between Lott Street and Veronica Place)

East Flatbush, Brooklyn

A REIT has bought this nine-story apartment building, which has 86,360 square feet and is leased to the city for transitional housing for the homeless. A community facility, with services including counseling, is on the ground floor.

Buyer: United Realty Trust
Seller: Tilden L.L.C.
Brokers: Greg Corbin and Amit Doshi, Besen & Associates

Recent Lease

$33/SQUARE FOOT
$124,707 approximate annual rent
237 West 37th Street (between Seventh and Eighth Avenues)

Manhattan

A company involved in apparel and fabric design and development has signed a five-year
lease for 3,779 square feet on the entire 12th floor in this 14-story 1922 loft building in the
garment district.

Tenant: Creare L.L.C.
Tenant broker: Brett Maslin, Adams & Co. Real Estate
Landlord: MTS Real Estate Owner L.L.C.
Landlord representative: Chedvah Rabinovich, MTS Real Estate Owner

For Lease

$150/SQUARE FOOT
$330,000 approximate annual rent
76 Madison Avenue (at East 28th Street)

Manhattan

A 2,200-square-foot corner ground floor retail space, with 700 square feet on the lower level,
is available in this 14-story condominium in NoMad. The space, now occupied by a 24-hour
hair salon, has 40 feet of frontage along Madison Avenue and 50 feet along 28th Street.

Owner: Centaur Properties
Brokers: Alan Shmaruk and Michael Sherman, Manhattes Group