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Mavashev and Aronov of Alpha Realty broker $5.4 million sale of 16,700 s/f building in Brooklyn’s Bedford-Stuyvesant neighborhood

Brooklyn, NY According to Alpha Realty, the firm has completed the sale 2342 Atlantic Ave. in the Bedford-Stuyvesant neighborhood for $5.4 million in an off market transaction. Managing partner, Lev Mavashev, represented the selling party, Up Realty, while managing director, Jacob Aronov, represented the purchasing party, Witnick Real Estate Partners. The transaction yielded $327 per s/f and a 5.6% cap rate. The 16,700 s/f, five story elevator building is located […]

Commercial Observer: NYC’s Top 10 Boutique Brokerage Firms

          https://commercialobserver.com/2016/07/cos-third-annual-list-of-the-citys-real-estate-firms-with-a-dozen-brokers-or-less/#slide1 Alpha Realty Founder: Lev Mavashev and Glenn Raff (co-founders and managing partners) Date established: 2014 Number of brokers/agents then: 5 Number of brokers/agents now: 8 (plus 2 employees) Glenn Raff and Lev Mavashev were colleagues at Besen & Associates for five years, working on investment sales, until they had the idea to start their own firm together. So in June 2014, they grabbed three […]

Lev Mavashev and Glenn Raff sell Prime Bushwick 38-unit Apartment Building

Mavashev and Raff of Alpha Realty sell Bushwick building for $10.5 million Brooklyn, NY Alpha Realty has completed the sale of 36-40 Linden Street in the Bushwick section for $10.5 million. The managing partners of Alpha Realty lead the way in brokering this deal, with Glenn Raff representing the Manhattan-based buyers, and Lev Mavashev representing the seller, a local private investor. The four-story building is comprised of 38 apartments and […]

Investment Firm Buys Hamilton Heights Rental Building for $14.5M

Steeplechase Design, an investment company, has purchased a six-story elevator building at 530 West 136th Street in Hamilton Heights for $14.5 million, Commercial Observer has learned. The seller, the Bajaktari family, has owned the property between Broadway and Amsterdam Avenue since the 1980s, according to the sole broker in the transaction Alpha Realty. The sale, which closed last Friday, breaks down to $349 per square foot. “The previous owners took […]

Mavashev of Alpha Realty Acts for Seller and Buyer in $3.65 million sale

Brooklyn, NY Alpha Realty has completed the sale of 46 Linden Blvd., a four-story apartment building located in the Flatbush neighborhood, for $3.65 million. Lev Mavashev brokered the transaction representing the buyer and the seller. “The buyer owns two other buildings on the same block and quickly jumped on the opportunity to make this acquisition.  Flatbush, especially this area, is quickly gentrifying due to its proximity to transportation,” said Mavashev. Mavashev […]

Glenn Raff, Lev Mavashev and Jacob Aranov of Alpha Realty collaborate for $6.2 million sale of Brooklyn property

Brooklyn, NY Alpha Realty has completed the sale of 6214 11th Ave. in the Borough Park section for $6.2 million. Alpha Realty managing partners Glenn Raff and Lev Mavashev represented the seller and director of sales Jacob Aranov represented the buyer in this transaction. The retail component featured a 6,000 s/f single story building, with a total of eight commercial units, while the development aspect of the deal included a […]

Lev Mavashev and Jacob Aronov sell Crown Heights Mixed-Use Building for $3.7M

Alpha Realty Brokers $3.7M Sale of Mixed-Use Building in Brooklyn NEW YORK CITY — Alpha Realty has arranged the sale of a mixed-use building located at 243 Troy Ave. in the Crown Heights section of Brooklyn. Witnick Real Estate Group acquired the building from Up Realty LLC for $3.7 million, or $370 per square foot. The 10,135-square-foot building features 12 apartments and five retail stores. Lev Mavashev and Jacob Aronov […]

Scott Schwartz and Glenn Raff sell Prime West Village Building for $9.9 million

Raff and Schwartz of Alpha Realty collaborate to sell West Village Building for $9.9 million Manhattan, NY Alpha Realty has completed the sale of 82 Christopher St. in the West Village for $9.9 million. Managing partner Glenn Raff represented the purchaser while Alpha Realty’s Scott Schwartz represented the overseas seller. The deal achieved a selling price over $1,500 per s/f, above average for this area. According to Schwartz, “This is […]

Alpha Realty Brokers Four Sales in Brooklyn Totaling $9.7M

NEW YORK CITY — Alpha Realty has arranged the sales of four apartment and mixed-use properties in Brooklyn neighborhoods. The transactions include a 16-unit apartment building at 354 E. 54th St. in East Flatbush selling for $2.2 million, or $222 per square foot; a 16-unit apartment building at 845 Schenectady Ave. in Flatbush trading for $2.2 million; a six-unit multifamily property at 540 Bainbridge St. in Bedford-Stuyvesant selling for $2.8 million, […]

Glenn Raff of Alpha Realty sells 148 East 98th Street for $6.6 Million

Glenn Raff of Alpha Realty sells 148 East 98th Street for $6.6 Million Alpha Realty announced the sale of 148 East 98th Street, a recently constructed six story elevator building, for $6,600,000. Glenn Raff, managing partner, represented both parties in the transaction. The building, located between Lexington and Third Avenue, features 11 apartments with an office on the first floor totaling 9,900 s/f.   Alpha Realty Investment Sales 6 East 39th […]