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Pinnacle Realty

  • About
  • Listings
  • Our Team
    • Partners
    • Brokers/Salespeople
    • Staff
  • News
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718-784-8282

All Posts in Tag: For Sale

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Investor group buys Bronx warehouse for $55 million

By

Carolina Bergara

September 30, 2019

Pinnacle Realty of New York announced the following transaction. The prolific industrial real estate investor Innovo Property Group has made a $55 million purchase in the Bronx. The firm is in contract to acquire 511 Barry St., a roughly 135,000 square foot refrigerated warehouse in Hunts Points that could cater to the concentration of food-related…

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Crain's New York BusinessFor SaleHot PropertyThe Bronx
Here’s what the $10M-$30M NYC investment sales market looked like last week

Here’s what the $10M-$30M NYC investment sales market looked like last week

By

Carolina Bergara

August 22, 2019

In the world of mid-market investment sales last week, two church-owned properties sell in Lenox Hill for almost $18 million and an office building in Midtown East went for a bit over $15 million. Here are the details: Two entities — at least one of which is linked to the Chehebar family — sold a…

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BrooklynFor SaleHot PropertyReal Deal
Goldman, Blumenfeld team up to buy Bronx warehouse for $40M

Goldman, Blumenfeld team up to buy Bronx warehouse for $40M

By

Carolina Bergara

May 16, 2019

A joint venture of Goldman Sachs Asset Management and Blumenfeld Development Group is buying an industrial property in the Bronx for $38.5 million.  The companies are buying the Hunts Point property from Advantage Wholesale Supply, and they plan to use it as a warehouse for last-mile distribution, according to Pinnacle Realty’s David Junik, who brokered…

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For SaleHot PropertyReal DealThe Bronx
Himmel and Meringoff buys mixed-use warehouse in the Bronx for $89M

Himmel and Meringoff buys mixed-use warehouse in the Bronx for $89M

By

Carolina Bergara

May 13, 2019

Himmel + Meringoff Properties, which made early bets on Long Island City in the 1980s, has turned its attention to the Bronx and acquired a mixed-use Bronx warehouse for $89 million. A Pinnacle Realty team led by Fred Stein, Decio Baio and George Margaronis represented both sides of the deal. Read more at The Real Deal

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For SaleHot PropertyReal DealThe BronxTop Seller
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