Recent Commercial Real Estate Transactions

Recent Sale

$3.8 MILLION

1481 Blondell Avenue (at Chesbrough Avenue)

The Bronx

This 14,580-square-foot electric vehicle charging center in the Westchester Square neighborhood was sold by BYD Automobile, a publicly traded Chinese company backed by the investor Warren E. Buffett. Built in 1959, the two-story site has three drive-in entrances and 15-foot ceilings on the lower level, with an office upstairs. It was previously sold in 2014.

Buyer: Tremont Garage Realty

Seller: BYD Automobile

Brokers: Jonathan Squires and Joshua Neustadter of Cushman & Wakefield

Recent Sale

$1 MILLION

416 Melrose Street (between Irving and Knickerbocker Avenues)

Brooklyn

This four-story, 6,500-square-foot building in Bushwick has eight four-bedroom apartments, all occupied. Built in 1931, it was last sold in 2005.

Buyer: 5x L.L.C.

Seller: 416 Melrose St L.L.C.

Brokers: Ryan Perkoski and Henry Grass of RPR Ventures

For Sale

$2.85 MILLION

410 Atlantic Avenue (between Bond and Nevins Streets)

Brooklyn

Built in 1901, this three-story 3,178-square-foot property in the Boerum Hill neighborhood contains a three-bedroom duplex apartment and ground-floor commercial unit, currently the district office of Councilman Stephen T. Levin. The duplex is vacant, and councilman’s lease is set to expire in December.

Seller: Alex Avitabile

Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel, Gabriel Kates, Toby Waring and Daniel Shawah of Bestreich Realty Group

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