commercial property

Sold: 428-432 West 19th St

Collaborative Group is excited to announce the $18.5M sale of 428-432 W 19th St. The property consists of two adjacent commercial buildings spanning 75 feet on West 19th St with 41,538 buildable sqft as of right. The buildings were originally used as a parking garage and subsequently an auto repair shop. The site is aContinueContinue reading “Sold: 428-432 West 19th St”

Collaborative Group sells Shopping Center in Hewlett, NY.

Collaborative Group is pleased to announce the sale of the Hewlett Plaza shopping center. Andrew Natter and Hal Fuchs represented both the buyer and seller in the $4.1M transaction. The single-story strip center includes 13 stores in an L-Shape configuration and is located directly across from the Hewlett Train Station. The purchase price works outContinueContinue reading “Collaborative Group sells Shopping Center in Hewlett, NY.”

Ground Lease Signed: 16 Beaver St

Collaborative Group is proud to announce the successful ground lease of 16 Beaver St in the Financial District. The 99 year lease deal works out to a valuation of around $12 million. The mixed use commercial asset is comprised of 5 floors of office space and ground floor retail space. The majority of the retailContinueContinue reading “Ground Lease Signed: 16 Beaver St”