Recent commercial real estate transactions in New York.
54-56 West 31st Street (between Broadway and Avenue of the Americas)
This 6,620-square-foot package of two three-story buildings in Koreatown was formerly home to O’Reilly’s Pub. The buildings, which have 18,572 square feet of available air rights, were delivered vacant. The sale was the first in 40 years for the buildings.
Buyer: Ken Lee
Seller: Joyce and O’Reilly families
Broker: Alan Stenson of Brax Realty
31 Orient Avenue (between Metropolitan Avenue and Olive Street)
Built in 1899, this three-story 4,400-square-foot residential building in East Williamsburg has three two-bedroom apartments. It was last sold in May 2018.
Buyers: Samuel Blank and Paul Caine of Blank Property Group
Seller: Jan Perrone
Brokers: Donal Flaherty, Derek Bestreich, and Luke Sproviero of Bestreich Realty Group
122-01 22nd Avenue (between College Point Boulevard and 123rd Street)
This 17,143-square-foot, three-story building in College Point was built in 2011. It is occupied by a laundromat and offices and has two three-bedroom apartments. The property can be delivered vacant.
Seller: Chon Properties
Brokers: Julia Maksimova and David Workman of Keller Williams NYC