NYC's top deals: Midwood mansion trades for $16M
Briefly

NYC's top deals: Midwood mansion trades for $16M
"Ayal Horovits, who leads Helm Equities, and Michele Bailey-Horovits parted with a detached single-family home at 809-815 Avenue J for $15.5 million. The property appears to be one residence that spans 4,500 square feet across two tax lots. The buyer was an LLC tied to Joseph E. Khezrie, of the family that founded the Jimmy Jazz stores. He is also director of investments at Jersey City, New Jersey-based CityView Commercial."
"The largest was for a ground-floor, 1,700-square-foot unit at 210 West 77th Street that sold for $9.6 million 145 percent more than its last trade price less than a decade ago. The sellers, LLCs tied to David R. Mashaal, purchased the unit in 2017 for $3.9 million. The other unit is at 221 West 77th Street, which the sellers bought for $2.7 million in 2020. The condos' new owners are LLCs linked to Mark Hakim. The transaction pencils out to roughly $5,600 per square foot."
There were 160 recorded transactions totaling $311 million in New York City within the 24 hours before 4:00 p.m. on Oct. 7. A detached Midwood mansion at 809-815 Avenue J sold for $15.5 million to an LLC tied to Joseph E. Khezrie; the 4,500-square-foot property spans two tax lots. Two Upper West Side commercial condos sold for a combined $14.4 million, including a 1,700-square-foot ground-floor unit at 210 West 77th Street that sold for $9.6 million. Isaac and Claudia Saide purchased a Gravesend single-family home for $7 million. A four-bedroom Tribeca condo at 62 Beach Street sold for $6.6 million to Jaan Holdings LLC.
Read at therealdeal.com
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