Agustin Pena, Director, represented the seller of this 5-story, 10k+ SF walk-up in Midtown West. The property contained 15 large residential units and one ground level retail space and maintains full occupancy. Agustin Peña represented the buyers in this transaction, who liked this deal because of the immediate upside in the free market rents. He
Berko & Associates procured the financing for the corner mixed use proeprty located at 1875 Lexington Ave for $4,750,000
Agustin Pena, Director of Investment Sales, at Berko & Associates has successfully negotiated the sale of 482-510 Riverdale Avenue in Brooklyn for – $4,500,000.
Agustin Pena, Director of Investment Sales, at Berko & Associates has successfully negotiated the sale of 482-510 Riverdale Avenue in Brooklyn for – $4,500,000.
Berko & Associates were able to procure financing for the property as well as a partnerhip buyout for and aggregate amount of $4,300,000. The mixed use building in West Harlem was 32,000 SF and very well maintained.
Michael Korine, Managing Director of the Finance & Capital Markets Group at Berko & Associates, successfully procured permanent financing for two adjacent buildings in Central Harlem. The properties, 440-446 St. Nicholas Ave, total 29,000 SF and contain 40 residential units with numerous upgrades to the mechanicals and common areas. The Capital Markets Group sourced conventional
Berko & Associates negotiated the contract and completed the financing for the residential apartment building located at 350 West 18th St for $3,500,000.
Berko & Associates’ Finance Team closed a finance request for $3,400,000. The subject sites were located at 3153 Seymour Avenue and 4459 Matilda Avenue in the Bronx. The two properties total 38 units and were delivered vacant.
The Finance Team at Berko & Associates recently closed on a $3 million long-term, conventional refinance for a property in Crown Heights, Brooklyn. The asset, located at 636-665 Classon Avenue, consisted of 8 separate buildings totaling 33 rent stabilized apartments, 4 retail stores and 2 garages.
Berko & Associates represented the seller and buyer for the adjoining mixed-use buildings in Upper Manhattan.
Guy Saban, an Investment Sales Associate at Berko & Associates, and Lee Silpe, also of Berko & Associates, successfully closed on 209 Spencer Street, Brooklyn, NY for $2.55mm. The building is a vacant 9-story elevator property built in 2008 and in need of major interior renovations. The property was slated for rentals but illegally sold
Berko & Associates’ Michael Korine and his team successfully closed a retail property in the Bronx Hub located at 2946 Third Avenue. The site was a one-story retail store with a demolition clause that would allow an incoming buyer to build a new construction, 3,600 SF property.
Agustin Peña, Director of Investment Sales, procured the seller and buyer for the meticulously maintained multi-family property on Amsterdam Ave in Harlem for $2,420,000.
Berko & Associates successfully transacted the development site at 2417 Albemarle Road for $2,400,000 to a notable Brooklyn-based developer who plans on selling luxury condominiums geared towards the gentrifying East Flatbush population.
Berko & Associates represented the Seller and Buyer of 1814 Madison Ave, a mixed-use building in East Harlem, for $2,300,000.
Berko & Associates’ Finance Team successfully closed on a $2,100,000 refinancing request for a single family investment rental property located in Montauk, NY.
1417 N 15th Street, Philadelphia, PA
898 4th Ave, Brooklyn, NY
Berko & Associates’ Lenny Borshch and Agustin Peña closed on the sale of 3918-3920 3rd Avenue in Sunset Park, Brooklyn NY. The four-story, 6800 SF mixed use property hosts two street level retail spaces and six residential units. The building is in close proximity to the D train, taking only 20 minutes to get into