The Corbin Group at Besen & Associates and MYC & Associates collaborate for sale in Brooklyn–$35.25 million

Brooklyn, NY The Corbin Group at Besen & Associates and MYC & Associates have completed the sale of 97 Grand Ave. and 96 Steuben St. Located in Clinton Hill, the two elevator buildings total 60,282 s/f throughout 62 apartments and 31 indoor parking spaces. Greg Corbin and Miguel Jauregui with Marc Yaverbaum of MYC & Associates handled the $35.25 million sale.

Greg Corbin,
The Corbin Group at
Besen & Associates

Miguel Jauregui,
The Corbin Group at
Besen & Associates

The sale price equates to $584 per s/f, $568,548 per unit, 14.6 GRM and cap rate of 5.1%.

Constructed in 2012, the subject properties benefit from a 421-A tax abatement and are among new-construction buildings.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

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GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

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The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

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Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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