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Massey Knakal.

Massey Knakal announced the following transactions:

* The sale of 1520 Hart Place in the Coney Island section of Brooklyn in an all-cash transaction valued at $885,000. Massey Knakal broker Michael Harari was the sole broker in this transaction.

* The sale of 57-15 Grand Avenue in the Maspeth section of Queens in an all-cash transaction valued at $1,350,000. John Falco was the sole broker in this transaction.

* The sale of 310-312 Avenue U in the Sheepshead Bay section of Brooklyn in an all-cash transaction valued at $1,060,000.

* The sale of 365-67 West 46th Street in Midtown Manhattan in an all-cash transaction valued at $6,450,000. Sarah Mu of Douglas Elliman and Massey Knakal were the brokers in this transaction.

* The sale of a one-story retail property at 72-07/19 Austin Street in the Forest Hills section of Queens in an all-cash transaction valued at $8,000,000. Massey Knakal Realty Services was the sole broker in this transaction.

* A group of mixed-use, S-Class properties on Atlantic Avenue in downtown Brooklyn were sold in an all-cash transaction valued at $8,300,000. 525, 527, 529, 531, 533, 535, 539 and 541 Atlantic Avenue are all located between 3rd and 4th Avenues. Massey Knakal Partner Brian Leary represented the seller with broker Kenneth Freeman.

* A 24-foot-wide apartment building at 71 Second Avenue in Manhattan's East Village was sold in an all-cash transaction valued at $4,170,000. Massey Knakal Realty Services and Eric Kravitz of Coast to Coast Properties were the brokers in this transaction.

* A six-story walk-up apartment building at 1381-1387 Castle Hill Avenue in the Bronx was sold in an all-cash transaction valued at $5,300,000. Massey Knakal Realty Services was the sole broker in this transaction.

* A four-story brownstone plus cellar at 217 West 137th Street in Central Harlem was sold in an all-cash transaction valued at $1.3 million. Massey Knakal Realty Services was the sole broker in this transaction.

* Two contiguous walk-up apartment buildings at 241 and 245 Ocean Parkway that represented the highest price ever paid for rent stabilized buildings in the Kensington section of Brooklyn were sold in an all-cash transaction valued at $4,150,000.

Both 241 and 245 Ocean Parkway are 50' x 90' buildings, each with approximately 18,000 square feet and an additional 14,000 square feet of air rights. Massey Knakal Realty Services was the sole broker in this transaction.

* A four-story apartment building with 16 rent stabilized units at 460 41st Street in Brooklyn's Sunset Park neighborhood was sold in a transaction valued at $1,660,000. Massey Knakal Broker Adam Hess exclusively represented the seller.

* Massey Knakal Realty Services has sold a walk-up apartment building at 350 West 18th Street in the Chelsea area of Manhattan in an all-cash transaction valued at $5,488,000. Massey Knakal Broker Mark Spinelli exclusively represented the seller with Partner James Nelson.

* A five-story, walk-up apartment building with a basement at 308 East 83rd Street on Manhattan's Upper East Side was sold in a transaction valued at $3,450,000. It contains approximately 8,500 s/f including 17 rental apartments--14 rent stabilized and three free market. Massey Knakal's Meyrick Ferguson was the sole broker in this transaction.
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Title Annotation:Sales
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jun 14, 2006
Words:542
Previous Article:Andrew A. Pittel & Company, LLC.
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