By Al Barbarino 1/15 10:35am

Sales Beat

(Credit: Taylor Hill/Getty)

Retail Condo Sells for $12.2 M in Neighborhood Rife With Paparazzi After Colossal Katie Holmes Sighting

A retail condominium at 383-391 Amsterdam Avenue (172 West 79th Street), with a mix of six retail tenants in place and located within gawking distance of a recent Katie Holmes citing next door, has sold for $12.2 million, The Commercial Observer has learned.

The condominium, on the corner of Amsterdam Avenue and West 79th Street, is divided into six stores totaling approximately 4,070 rentable square feet at ground level, with 102 feet of frontage on Amsterdam Avenue and 30 feet on West 79th Street, in a posh Upper West Side retail corner. Read More

By Al Barbarino 1/08 7:30am

Sales Beat

220 West 71st Street

Massey Knakal Arranges $21.25M Sale of UWS Apartment Building

Massey Knakal has arranged the sale of an apartment building at 220 West 71st Street in Manhattan’s Upper West Side for $21.25 million, The Commercial Observer has learned.

Located between Broadway and West End Avenue, the 38,463-square-foot, pre-war, 53-foot wide elevator apartment building has nine stories, a penthouse, and great upside potential for the new owner.

It’s a gem in a neighborhood mostly void of available elevator product, said Paul Smadbeck, a Massey Knakal senior vice president of sales, who represented both parties in the transaction. Read More