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Commercial condo sold.


Jeremy Markoe, director of Sinvin Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Corp., and Bruce Sinder, president, have negotiated the purchase of a 12,500 s/f commercial condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 unit at 207 West 25th Street for $4.64 million.

Markoe and Sinder's buyer for the entire 12th floor of the Chelsea building is a major art foundation that wishes to remain anonymous. The unit had previously been the site of a commercial printing company, but has since been converted into luxury office space, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Markoe.

"The space is an excellent investment for the buyer," he said. "Given the relative scarcity of commercial condos in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, returns are typically very good. This particular space also has the potential for still higher returns, because there is a possibility that it can be converted to residential."
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Aug 2, 2006
Words:129
Previous Article:Designer, Issey Miyake, on the move.
Next Article:$79m sale of Scriber Building closed.
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