Recent Sale

$8.4 MILLION

689 10th Avenue (at West 47th Street)

Manhattan

This 8,070-square-foot building in Hell’s Kitchen has nine two-bedroom apartments; one retail space, occupied by 5 Brothers Gourmet Market; and a basement. The seller had owned the building, which also has about 2,500 square feet of available air rights, since the early 1990s.

Buyer: Larry Mullan

Seller: John Georgiopoulos

Brokers: Matt Fotis, Sam Hoefle and Colton Traynham of Marcus & Millichap

Recent Lease

$72/SQ. FT.

$180,000 approximate annual rent

16 West 23rd Street (between Fifth Avenue and Avenue of the Americas)

Manhattan

Rooted Innovations, a food business based in Dublin that focuses on plant-based products and sustainability, has secured a seven-year lease for a 2,500-square-foot space on the fourth floor of this building in the Flatiron district. Built in 1925, the five-story property, which overlooks Madison Square Park, used to be a family residence.